Armenia exports hit record high in 2016

PanARMENIAN.Net - Armenia's exports amounted to over $1,78 billion in 2016, which is record high compared to figures unveiled in the past 10 years.

The country mainly sells mineral products, ready-to-eat food, precious and semi-precious stones, precious and non-precious metals, as well as cigarettes and alcohol.

Also, in 2016 the volume of agricultural produce doubled against January-December of the previous year.

In the last 10 years, exports were the lowest in 2009 when goods worth $698 million were shipped abroad, and the highest in 2014, with over $1.5 billion-worth products exported.

In 2016, mining industry, ready-to-eat food and non-precious metals accounted for the lion's share of all exports, with the volume of tobacco shipments having registered a major growth too.