Armenia’s trade with Russia in January- April 4 rises 2.5 percent to $429.2 million

Armenia’s trade with Russia in January- April 4 rises 2.5 percent to $429.2 million

YEREVAN, June 5. / ARKA /. Armenia's trade with Russia in January - April 2014 saw a 2.5 percent increase when compared to the same time span of 2013, amounting to approximately $429.2 million, the National Statistical Service (NSS) said today.

According to official data, Armenian-Russian trade in the first four months this year constituted 23.7 % of the country’s overall foreign trade turnover.

Armenian exports to Russia in January-April this year amounted to about $90.8 million, an increase of 1.9%, while imports from Russia slashed by 16.6 percent to $248.3 million.

According to the National Statistical Service, Armenia’s trade turnover with CIS countries in January-April 2014 was 2.8 percent down year-on-year to $510.5 million, while its trade with the European Union grew by almost 2 percent to  $520.7 million. The trade with other countries increased by 4.6 percent to $781.6 million.

Armenia's foreign trade in January-April 2014 increased by 1.6% year-on-year to approximately $1.812.9 billion. Exports 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. -0-

16:02 05.06.2014

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