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Trade turnover between Armenia and Russia rises 23.4% to $612.7 mln in II half

YEREVAN, August 18. /ARKA/. The trade turnover between Armenia and Russia rose by 23.4% to nearly $612.7 million within January-June 2012 from the same period a year earlier, according to the National Statistical Service of Armenia.

Armenia’s export to Russia totaled about $120.6 million (17.6% of the total export from Armenia), which is 54.5% higher from the analogical period of 2011.
Armenia imported Russia-made  goods valued at total of $375 million, which is 14.5% above the last year’s result. The total import from Russia accounted $492.1 million (up by 17.6%) or nearly 24.4% of the total import.

According to the data, trade turnover between Armenia and Russia made up 22.6% of the total foreign turnover, the highest index compared to other economic partners of Armenia. The total trade turnover between Armenia and CIS member states reached 28.3% of the foreign turnover against 27.2% compared to Jan-June 2011, or $766 million (rise by 12.7%).

The total foreign trade turnover of Armenia advanced 8.3% to around $2.7 billion within the reported period. Export totaled nearly $684.4 million, and import- $2017.7 million. —0–

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