Armenia's trade turnover with EU $328.7mln in Jan-Apr 2009

Armenia's trade turnover with the European Union (EU) totaled US $328.7mln - an annual decrease of 44.8%.

The RA Statistical Service reports that the EU's share in Armenia's total trade turnover was 30.4% during the period under review.

Armenia's exports to the EU totaled US $82.4mln (about 46.9% of the country's total exports) - an annual decrease of 57.6%. Armenia's imports from the EU totaled US $201.8mln - a decrease of 41.9% or 22.6% of Armenia's total imports. Armenia's imports from the countries of origin totaled US $246.4mln - an annual decrease of 38.7%.

Specifically, Armenia's trade turnover with Germany totaled US $82mln (7.7%), followed by Italy (3.5%), Bulgaria (3.1%), Belgium (2.3%), France (2%) and Holland (2%).

In January-April, 2009, Armenia's foreign trade turnover decreased by 30% as compared with the corresponding period last year and totaled US $1,069.1mln. Exports totaled US $175.6mln and imports US $893mln.
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