Armenia’s foreign trade turnover totaled $1 billion during the first quarter of 2010 that is 29% higher as compared with the same period of last year.

The RA National Statistical Service reported that 15.4% growth was recorded in the trade turnover in March as compared with February.

At the same time, export reached $198.5mln in January-March 2010 that is 60.9% higher as compared with the same period of last year, while import increased by 23.1%, making $814.2mln.

The negative balance of foreign trade totaled $615.7mln.