ARMENIAN EXPORTS IN 2011 AUGUST SURGE BY 30.6% YEAR-ON-YEAR TO $117.3 MILLION
ARKA
Sep 20, 2011
YEREVAN, September 20. / ARKA /. Armenian exports in 2011 August
surged by 30.6% year-on-year to $117.3 million (43.1 billion drams),
while imports rose by 23.5% to $395.8 million (145.2 billion drams),
according to numbers released today by the country’s National
Statistical Service. Compared to 2011 July the exports in August rose
by 10.4% while imports jumped by 31.2%.
Armenia’s foreign trade in 2011 August saw a 25.1% rise from a year
earlier to $513.1 million or 188.3 billion drams. In August foreign
trade rose by 10.4% from July. The negative trade balance in August
was $278.5 million or 102.1 billion drams. The average exchange rate
of one US Dollar in August was 367.07 drams.
Disclaimer: This article was contributed and translated into English by Badalian Vardan. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2011/09/21/armenian-exports-in-2011-august-surge-by-30-6-year-on-year-to-117/