Armenia’s trade with its biggest trade partner, Russia, was down 10.6
percent in 2004 against the previous year standing at $266 million, a
$31 million downfall from almost $298 million in 2003.
According to Armenian national statistical service, Armenian exports
to Russia went down last year 17.3 percent, making only $78 million.
Last year Armenia imported from Russia $188 million worth goods, a 7.9
percent decrease over the previous year.
Share of Armenia’s trade with Russia, in the overall
was 12.9 percent.