Car imports unchanged despite higher petroleum prices

Car imports unchanged despite higher petroleum prices

09:54 – 09.07.11

Increased petroleum prices in 2011 did not prevent Armenian residents
from importing cars, according to Armenia’s National Statistical
Service.

Car imports remained unchanged compared to last, equaling to a total
$154.8 million.

In the meantime, Armenia imported oil products worth a total of $304.1
million, as well as $320 million in natural gas imports.

Imports of crops wheat and sugar totaled to $87.9 million and $30.8
million respectively and medications imported made $79.8 million.

Wheat imports decreased by 8 per cent in 2010 because of Russia’s
embargo in 2010 which led Armenian importers to seek alternative
sources of wheat, such as Ukraine and Kazakhstan.

Tert.am