  Armenia’s foreign trade surpasses $30 billion in 2024 February 7, 2025 - 18:37 AMT PanARMENIAN.Net - Armenia’s foreign trade turnover increased by 41.5% in 2024, reaching $30.159 billion, according to the Statistical Committee of Armenia. In December, trade turnover declined by 4.4% compared to November and by 37.3% year-over-year, amounting to $1.889 billion, Armenpress reports. Exports grew by 53.1% compared to 2023, reaching $13.092 billion. In December, exports totaled $757.4 million, down by 1.3% from November and by 48.6% from December 2023. Imports increased by 33.8% year-over-year, reaching $17.067 billion. In December, imports fell by 6.5% compared to November, amounting to $1.132 billion, marking a 26.5% decline from December 2023. These figures were reported based on data from the State Revenue Committee as of January 20, 2025.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
