Wednesday, January 25 2012 20:33
In 2011 Armenia's negative foreign trade balance totaled $2.8bln
ArmInfo. In 2011 Armenia's foreign trade totaled $5.481bln - 14.4% more than in 2010.
The National Statistical Service of Armenia reports that in Dec 2011 as compared with Nov 2011 the index grew by 3.7% while as compared with Dec 2010 it dropped by 1.3%.
The negative foreign trade balance made up $2.822bln: the exports totaled $1.329bln (27.7% more than in 2010), the imports - $4.151bln (10.7% more than in 2010).
The average AMD/USD exchange rate in 2011 was 372.5 AMD/1 USD.