ARMENIAN FOREIGN TRADE GROWS 23.6% TO $3383.7 MILLION

ARKA
October 20, 2010
YEREVAN

YEREVAN, October 20. /ARKA/. Armenia’s foreign trade turnover grew
23.6% in Jan-Sept 2010, compared with the same period of the previous
year, to $3383.7 million or AMD 1277.3 billion, National Statistical
Service of Armenia reports.

The country’s foreign trade grew 4.2% in September, compared with
August.

According to the statistical report, the foreign trade turnover grew
4.2% in September, compared with August.

Exports totaled $705.3 million or AMD 266.3 billion in Jan-Sept 2010
(43.9% year-on-year growth), and imports $2678.4 million or AMD 1011
billion (19.2% growth).

As a result, adverse balance amounted to $1973.1 million or AMD 744.7
billion in Jan-Sept 2010.

Armenia’s export grew 25.1%, in September, compared with August,
while import shrank 1.3%.

One U.S. dollar traded at 377.97 drams, on average, in Jan-Sept 2010.

Armenia’s foreign trade turnover amounted to $2732.4 million in
Jan-Sept 2009. ($1 = AMD 360.56 ).

From: A. Papazian