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IMPORTS UP WHILE EXPORTS DOWN IN FIVE MONTHS OF 2006

YEREVAN, JUNE 20, ARMENPRESS: In the first five months of 2006 Armenia’s foreign trade rose 9.7 percent from a year ago to $1.107 billion. According to the figures, released by Armenian national statistical committee (Armstat), the volume of foreign trade, not counting diamond industry output, was $920 million, also up 19.2 percent from a year ago.

Armenian exports in the reported span amounted to $340 million, almost 6 percent down from a year ago. The import of goods meantime grew 17.5 percent to $768.3 million. Not counting cut diamond exports, exports overall constituted $249 million and imports $671 million. Year-on-year growth rates were respectively 2.2 and 27 percent.

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