Armenia, China see 28.4% growth in foreign trade turnover

Panorama, Armenia

In January-May 2017, the foreign trade turnover between Armenia and China totaled $194.88 mln which is an 28.4% increase over the reported period of the previous year.

As the National Statistical Service of Armenia reports, in the reporting period Chinese share in Armenia’s foreign trade amounted to 8.5%, placing it second after Russia with 26.5%.

The export of Armenian goods to China grew by 19.5% with 39,61 mln goods exported, while 155,26 mln goods were imported, which is 30.9% increase to compare with the data of the previous year. 

China’s share in Armenia’s total exports amounted to 4.9% and 10.5% in total imports, the statistical service said.

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