Makaryan: Armenia’s Import Falls In Jan-May 2013 Because Of Growing

MAKARYAN: ARMENIA’S IMPORT FALLS IN JAN-MAY 2013 BECAUSE OF GROWING EMIGRATION

YEREVAN, July 3. /ARKA/. Armenia’s import fell in Jan-May 2013,
compared with the same period a year before, because of the growing
emigration, Gagik Makaryan, the head of the Union of Employers of
Armenia, said Wednesday at a news conference.

The National Statistical Service of Armenia says commodities worth
$1631.3 million were imported in the country in Jan-May 2013 – 2.6%
year-on-year decline.

Makaryan explained this decline by the falling demand for commodities,
especially foods, as a result the growing emigration.

Speaking about exports, he said that the agriculture sector and the
mining industry enlarged their exports in Jan-May 2013, compared with
the same period a year earlier.

“Despite gold prices dropped at the world market, our country continues
exporting metals, particularly copper and molybdenum,” Makaryans said.

According to official statistical reports, mining industry products
dominated Armenia exports in Jan-May 2013 ($156.7 million, 1.8%
year-on-year growth) as well as basic metals and items made of them
($141.6 million, 4.5% year-on-year growth), the food industry’s end
products ($109.9 million, 23.3% growth ) and precious and semiprecious
stones, precious metals and items made of them (about $74.1 million,
12.4% growth). —0—-

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From: Baghdasarian