YEREVAN, June 4. / ARKA /. Armenia's foreign trade in January-April 2014 increased by 1.6% year-on-year to approximately $1.812.9 billion, the National Statistical Service (NSS) said today.
It said Armenian exports in the first four months amounted to $466.5 million, an increase of 2.3%, while imports to about $1.346.3 billion, an increase of 1.3%. The resulting foreign trade deficit totaled $879.8 million. The trade deficit in FOB was worth $672.5 million.
According to NSS, the export of mineral products declined by 1.1 percent to about $125.9 million, the export of finished food grew by 7 percent to about $98.2 million, the export of non-precious metals and products fell by 15.6 percent to $95.6 million, the export of precious and semiprecious stones, precious metals and articles increased by 19.5 percent to more than $74.4 million.
The import of mineral products declined by 12.5 percent to about $281 million, the import of machinery, equipment and tools grew by 10 percent to $161.2 million, the export of land, air and water vehicles was up by 9.2 percent to $124.9 million, the import of precious and semiprecious stones, precious metals and articles jumped by almost 50 percent to $118.5 million, the import of chemical and related products fell by 0.6 percent to about $106.1 million. ($ 1 - 413.59 drams). -0-