Armenia's foreign trade in first quarter of 2021 down 4.4 percent

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Economy

26.04.2021, 14:59

Armenia's foreign trade turnover in January-March 2021 dropped by 4.4% from the same time span of 2020 to $1.509.3 billion, the National Statistical Committee (NSC) said.

Armenia's foreign trade in first quarter of 2021 down 4.4 percent

YEREVAN, April 26. /ARKA/. Armenia's foreign trade turnover in January-March 2021 dropped by 4.4% from the same time span of 2020 t0 $1.509.3 billion, the National Statistical Committee (NSC) said.

According to official data, in March 2021, compared to February 2021, the foreign trade grew by 12.8%, and compared to March 2020 by 12.7%. In January-March 2021, the foreign trade turnover in Armenian drams was worth 791.3 billion drams.

Armenian exports compared to January-March 2020 increased by 3.4% to $572.9 million. In March 2021, compared to February 2021, it increased by 11.6%, and compared to March 2020 - by 21.8%. In dram equivalent, exports in January-February 2021 amounted to 300.4 billion drams.

Imports were down 8.7% compared to January-March 2020 to $936.4 million. In March 2021, compared to February 2021, imports increased by 13.5%, and compared to March 2020 - by 5%. In dram equivalent, imports in January-February 2021 were worth 490.9 billion drams. ($1 - 521.89 drams). -0-

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