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Armenia's first quarter foreign trade down by 4 percent

27.04.2020, 15:58
In the first three months of 2020 Armenia's foreign trade turnover dropped by 4% from the same time span of 2019 to about $1.565.1 billion, according to numbers, released today by the National Statistical Committee (NSC).
Armenia's first quarter foreign trade down by 4 percent
YEREVAN, April 27. /ARKA/. In the first three months of 2020 Armenia's foreign trade turnover dropped by 4% from the same time span of 2019 to about $1.565.1 billion, according to numbers, released today by the National Statistical Committee (NSC).

It said in March 2020, when compared to February 2020, the foreign trade turnover was down by 7.9%, and compared to  March 2019, it was down by 16%. In Armenian dram equivalent the first quarter foreign trade stood at 753.9 billion drams.
Armenian exports in January-March 2020 grew by 0.2% compared to the same period in 2019, amounting to $544.9 million.

In March 2020, compared to February 2020, they decreased by 13.3%, and compared to March 2019 they were down  by 17.4%. In January-March, the exports in Armenian dram equivalent amounted to 262.4 billion drams.

First quarter imports amounted to $1.020.2 billion, a decrease of 6.2% when compared to h January-March 2019. In March 2020, compared to February 2020, imports decreased by 4.9%, and compared to March 2019 - they decreased by 15.3%. In AMD equivalent, imports in January-March 2020 amounted to 491.5 billion drams. ($1 - 479.67 dram). --0--