Mon, 23 February
14.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

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–

spot_img

POPULAR

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

In Armenia, more than 21,000 citizens have signed up for cashless pension and benefit payments — Ministry of Social Affairs

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

LATEST NEWS

spot_imgspot_imgspot_img