Armenia exported $98 mln-worth tobacco in January-July

Armenia exported $98 mln-worth tobacco in January-July

PanARMENIAN.Net - Armenia exported $97.7 million-worth tobacco in the first seven months of 2016 against the $87.2 million last year, the National Statistical Service said.

Over 11.5 billion cigarettes were produced, up by 23% against the period between January and July 2015.

According to the Statistical Service, tobacco worth $139 million was manufactured in the seven months of 2016 with a 13.6% growth compared to last year’s results.

More than 70% of the tobacco made in Armenia was consumed outside the country, with the overall export growth amounting to 12%.

 Top stories
The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes.
“It’s a speculation, we can neither comment or react to it,” an Diana Gazinyan from HSBC Armenia said.
Armenia's GDP grew by a strong 7.9% year-on-year in the third quarter of 2019, the World Bank said.
"This is the 3rd product of animal origin from Armenia for which EU grated access to its market," the EU said.
Partner news