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Armenian Exports Grow By 20.8%, Imports By 44.5% In January-July 200

ARMENIAN EXPORTS GROW BY 20.8%, IMPORTS BY 44.5% IN JANUARY-JULY 2007 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
Sep 5, 2007

YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The Armenian foreign trade made
800 bln 503 mln drams or 2 bln 262.9 mln USD in current prices in
January-July 2007.

Exports made 222 bln 916 mln drams or 631.1 mln USD, imports – 577
bln 587 mln drams or 1 bln 631.8 mln USD. The foreign trade balance
was negative by 354 bln 671 mln drams (1 bln 0.7 mln USD), the balance
without cargoes received as humanitarian aid – 337 bln 383.4 mln drams
(952.2 mln USD).

According to the RA National Statistical Service, exports grew by
20.8%, imports -by 44.5% in the first seven months of 2007 on the
same period of 2006.

Exports to CIS countries amounted to 189 mln USD in January-July 2007
(83.4% growth on the same period of 2006), imports made over 452.3
mln USD (51.6% growth). Exports to Russia made 111.8 mln USD (105.4%
growth), imports – 292.3 mln USD (57.7% growth). Exports to Georgia
amounted to 45.6 mln USD (46.3% growth), imports – to 56.3 mln USD
(47.7% growth).

Exports to EU countries made over 310.8 mln USD (14.6% growth),
imports from EU countries – 507.5 mln USD (39.4% growh). Exports to
Belgium made 55.8 mln USD (21.1% decline), imports – over 101 mln USD
(11.9% growth). Exports to Germany made 93.9 mln USD (12.3% growth),
imports – 58.9 mln USD (18.1% growth). Exports to the Netherlands
amounted to 87.6 mln USD (21% growth), imports – to over 17.4 mln USD
(36.4% growth).

Exports to Israel made about 16 mln USD (69.9% decline), imports –
25.2 mln USD (55.5% decline); exports to the US – more than 26 mln USD
(12,5% decline), imports – 118.7 mln USD (60.3% growth); exports to
Iran – 18.8 mln USD (8.8% growth), imports – over 74.7 mln USD (11.8%
growth); exports to Turkey made 1.9 mln USD (44.5% growth), imports –
more than 54 mln USD (32.8% growth).

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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