YEREVAN, February 1. / ARKA /. Armenia's foreign trade turnover in 2012 increased by 3.9% from the previous year to over $5.694.9 billion, according to the latest numbers released by the National Statistical Service (ArmStat).
According to official data, exports in January-December amounted to $1.428.1 billion, an increase of 7% from 2011, while imports grew to $4.266.8 billion, an increase of 2.9% from 2011. The resulting trade gap amounted to $2.838.7 billion.
According to preliminary data, the trade deficit in FOB prices was $ 2.181,6 billionArmStat figures show that export of mining products dropped by 0.7 percent to $401.2 million, export of base metals and items contracted by 6.2 percent to $342.3 million, export of finished foods jumped by almost 39 percent to $255.2 million, export of precious and semi-precious stones, precious metals and products shrank by 11.9% to about $173 million and export of ground, air and water vehicles rose by 82.6 percent to $54.9 million.
The import of mining products grew by 11.5 percent to $916.3 million, import of machinery, devices and equipment rose by 6.3 percent to about $602.4 million, import of finished foods grew by 2.6 percent to $356.9 million, import of ground, air and water vehicles fell by 5.1 percent to $351.4 million and import of plant products grew by 7.3 percent to $259.7 million ($ 1 - 406.64 drams). M.M. -0-