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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

AMX held an auction to place government bonds worth 70 billion drams

YEREVAN, October 30. /ARKA/. On October 29, the Armenia...

Armenia plans to attract $1.1 billion in loans in 2027 – Finance Minister

The Armenian government plans to attract $1.1 billion in loans in 2027, said RA Finance Minister Vahe Hovhannisyan.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img