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

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img