Semi-precious stones, precious metals, machinery named top Armenian exports in January-April

 12:23, 8 June 2023

YEREVAN, JUNE 8, ARMENPRESS. Armenia exported goods worth 2 billion 158 million 463,4 thousand dollars in January-April of 2023 – a 2,1-fold growth compared to the same period of 2022. Most of the exports went to Russia, according to official statistics.

Precious and semi-precious stones, precious metals and related items comprised most of the exported goods.

In the reporting period the exports to fellow EEU member states stood at 1 billion 109 million 873,2 thousand dollars, increasing 3,8 times compared to 2022, while exports to EU countries comprised 234 million 989,7 thousand dollars, dropping 9,5%.

Most of the exports – 1 billion 64 million 44,8 thousand dollars worth – were shipped to Russia, a growth of 3,8 times compared to January-April 2022, according to the Statistical Committee data. The second top export destination for Armenian goods in the reporting period was the United Arab Emirates – with 372 million 641,8 thousand dollars (8,9-fold increase). China is third top destination with 135 million 017,4 thousand dollars – a growth of 20,1%.

Armenian exports to neighboring Georgia and Iran also increased. Exports to Georgia (51 million 502,1 thousand dollars) grew 46,1% while exports to Iran (35 million 630,2 thousand dollars) grew 5,9%.

The data shows a massive, 183,1-fold growth of exports (347,8 thousand dollars) to Romania.

Exports to the Republic of Korea grew 78 times, comprising 9 million 764,8 thousand dollars.

Exports to France totaled 2 million 883,9 thousand dollars – a 98,5% growth.

Most of the exported goods (508 million 61.2 thousand dollars) comprised precious and semi-precious stones, precious metals and goods made of precious and semi-precious stones and precious metals.

The second top exported goods in the reporting period were vehicles, equipment and mechanisms (368 million 439,8 thousand dollars, 15-fold growth).

Food was the third top exported product (269 million 987,9 thousand dollars, 43,6% growth).

Disclaimer: This article was contributed and translated into English by Ophelia Vardapetian. 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.

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