Armenia posts 7,1% imports drop in June

Armenia posts 7,1% imports drop in June

PanARMENIAN.Net - Armenia’s foreign trade turnover totaled $462.2 mln (AMD 191.1 bn) in June 2012 increasing by 5% compared to the same period in 2011, according to updated statistical data.

Export amounted to $122.8 mln (AMD 50,6 bn) in June 2012, increasing by 0,5% on a monthly basis, while imports grew 4,6% in June 2012 against the same period in 2011, bringing it to $339.9 mln (AMD 140,5 bn), the RA National Statistical Service reported.

The negative balance of foreign trade turnover amounted to $1333,3 mln (AMD 526,5 bn) in January-June 2012, as compared with the same period in 2011.

 Top stories
A reformed inspections system will mean reduced inspections for less riskier businesses, saving them time and resources.
Armenia saw remarkable economic growth and poverty reduction in the period preceding the global financial crisis of 2008–2009.
Priority needs will be identified through assessments of economic development potential and prioritization by the communities.
However the proportion of women reaching the top tier of the business world has shown little progress over the past decade.
Partner news