Armenia’s foreign trade turnover reduces by nearly 6% in Jan.-Feb.

Photo: Armenia’s foreign trade turnover reduces by nearly 6% in Jan.-Feb. / Armenia

Armenia's foreign trade turnover decreased by 5.8 percent in January- February 2014 and amounted to about $819.3 million compared to the same period of 2013, ARKA agency reported on April 1 with reference to the Armenian National Statistics Service's website.

The export volume for the period totaled $ 218.1 million decreasing by 3.2 percent, while import totaled $601 million decreasing by 6.7 percent. As a result, the foreign trade balance red ink amounted to $383.1 million.

The foreign trade deficit 'fob' amounted to $290.5 million in January-February 2014, according to the preliminary data.

The most important export items in the reporting period were presented in the following groups: " Mineral products " - about $ 60 million (17.4 percent decline compared to January-February 2013), " base metals " - $47.7 million (13.7 percent decline) , "food "- more than $46.5 million (8.7 percent increase) , " precious and semiprecious stones, precious metals" - $32.9 million (19.5 percent increase), etc., according to the statistics.

translated by NH

Edited by CN

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