Armenia’s foreign trade with EU member states in January-September surges by 29.1%
02.11.2010,
22:56
Armenia’s foreign trade with EU member states in January-September this year surged by 29.1% year-on-year to $1.085.5 billion, according to the latest figures, released by the country’s National Statistical Service (NSS).
YEREVAN, November 2, /ARKA/. Armenia’s foreign trade with EU member states in January-September this year surged by 29.1% year-on-year to $1.085.5 billion, according to the latest figures, released by the country’s National Statistical Service (NSS). Overall, EU countries accounted for 32.1% of Armenia’s foreign trade, it said.
Armenian exports to EU countries skyrocketed by 65.9% to $361. 4 million making more than half -51.2% - of all its exports for the first nine months, while imports from EU member countries grew by a 17.1% to $601.5 million making 22.5% of all imports. But in terms of country of origin, the volume of imports form EU rose by 16.2% to $724.1 million, according to NSS.
Germany was Armenia’s largest trade partner among EU member states accounting for 7.2% of its foreign trade that translated into some $244.7 million. It was followed by Bulgaria – $189.7 million or 5.6%, Belgium – $114.7 million or 3.4%, Italy - $88.5 million or 2.6%, the Netherlands - $82.4 million or 2.4% and Romania - $62.6 million or 1.8%.
In Jan.-Sept. Armenia’s foreign trade increased 23.6% year-on-year to $3.383.7 billion. Exports grew by 43.9% to $705.3 million, while imports increased by 19.2% to $2.678.4 billion. The negative trade balance rose to $1.973.1 billion. ($1 – 357.98 Drams.-0-
Armenian exports to EU countries skyrocketed by 65.9% to $361. 4 million making more than half -51.2% - of all its exports for the first nine months, while imports from EU member countries grew by a 17.1% to $601.5 million making 22.5% of all imports. But in terms of country of origin, the volume of imports form EU rose by 16.2% to $724.1 million, according to NSS.
Germany was Armenia’s largest trade partner among EU member states accounting for 7.2% of its foreign trade that translated into some $244.7 million. It was followed by Bulgaria – $189.7 million or 5.6%, Belgium – $114.7 million or 3.4%, Italy - $88.5 million or 2.6%, the Netherlands - $82.4 million or 2.4% and Romania - $62.6 million or 1.8%.
In Jan.-Sept. Armenia’s foreign trade increased 23.6% year-on-year to $3.383.7 billion. Exports grew by 43.9% to $705.3 million, while imports increased by 19.2% to $2.678.4 billion. The negative trade balance rose to $1.973.1 billion. ($1 – 357.98 Drams.-0-
