Exports from Armenia halved in the past five months

PanARMENIAN.Net - In the past five months exports from Armenia decreased by 47.8 per cent and totaled 76.4 billion AMD, RA National Statistical Service reports. Meanwhile, compared with the same period of last year the decrease of imports was only 29.9 per cent, so imports reduced to 374.8 billion AMD.



As the RA National Statistical Service reports, over January-May of this year Armenia's foreign trade turnover reduced by 33.7 per cent compared with the same period of last year and totaled 451.2 billion AMD. Country's foreign trade deficit reached 298.4 billion AMD in the past five month.
 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---