Armenian foreign trade balance negative in first quarter

ARMENIAN FOREIGN TRADE BALANCE NEGATIVE IN FIRST QUARTER

Armenpress

YEREVAN, MAY 4, ARMENPRESS: Armenian foreign trade in the first quarter
of 2005 amounted to $566.4 million. The exports were $194.95 million,
while the imports stood at $371.5 million.

The trade balance was negative-$176.5 million, not counting the
humanitarian aid it was $165 million. The national statistical
committee said exports rose by 28.4 percent and imports by 27.9
percent against same time span of last year.

Armenian customs service said 1.415.5 tons of humanitarian assistance
arrived in Armenia in the first quarter worth $11.5 million. Thirty-two
percent of the aid were machines, equipment, 27 percent chemical goods.

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