Armenia’s trade with eu in Jan.-Feb. 2010 grows by 35.% to $211.5 million

Armenia’s trade with eu in Jan.-Feb. 2010 grows by 35.% to $211.5 million
ARKA, 01.04.2010

Аrmenia’s trade with eu in january-february 2010 grew by 35% year-on-year to $211.5 million, the National Statistical Service reported. EU member countries accounted for 33.8% of Armenia’s foreign trade in the period under question, it said.
According to official figures, Armenian exports to EU grew by 75.1% year-on-year to $68.7 million (about 56.6% of all exports in the reporting time), while imports from EU countries grew by 23.7% to $119.9 million (23.8% of all imports). In terms of country of origin the import of goods from EU rose by 22.5% to $142.8 million.
Armenia’s largest trade partner in EU was Germany that accounted for 7.4% of the overall trade (some $46.2 million), it was followed by Bulgaria – $40.5 million (6.5%), France- $15.7 million ( 2.5%), Belgium -$15.5 million or 2.5% and the Netherlands - $ 13.9 million or 2.2%.
Armenia’s aggregate foreign trade in January-February 2010 grew by 22.5% year-on-year to $625.2 million with exports making $121.4 million and imports - $503.8 million ($1 – 398.29 Drams).—0--