Foreign trade turnover of Armenia declined in all main directions over year

 

Export to CIS countries declined by 26.6% to 239.7 million USD and import by 13.1% to 1.058 billion USD. Export to EU declined by 5.8% to 402.5 million USD, the decline of import from EU countries is 

significant-32.5% to 697.8 million USD. Growth of export by 6.8% to countries of far abroad has been registered to 2.071 billion USD amid significant drop of import by 31.5% to 1.213 billion USD. 

 

Russia (15.1% of export), China (11.7%), Germany (9.9%), Iraq (8.6%), Canada and Georgia (7.7% each) were the main purchasers of Armenian goods in 11 months of 2015. There was no export to Denmark, Finland, Greece, Luxemburg, Cyprus, Slovakia and Sweden. Export to Spain was re launched. Export to Hungary and United Kingdom was also reactivated. There has been no export to Brazil againwhile export to Japan was re launched. 

 

Russia-30.6% in total import, China-9.5%, Germany-6.2% Iran-6% Italy-4.4% Turkey-4.1% Ukraine-3.8% USA-3.2% are the main suppliers of import goods to Armenia. There has been no import from Turkmenistan, Kazakhstan, Cyprus and Luxemburg. 

 

Main export items are mineral raw materials 424.6 million USD (21.5% year over year growth), ready food products-273.8 million USD (11.5% year over year drop), non precious metals and handicrafts from them-211 million USD (23.6% year over year decline), precious and semiprecious stones and handicrafts from them-183.8 million USD (11% year over year decline), textile products- 75.4 million USD (58.9% year over year growth). The import has been declined in all items- mineral raw materials-by 18.7% to 626 million USD, cars, equipment and techniques- by 32.2% to 356.5 million USD, chemical products by 16.2% to 265.9 million USD, transport vehicles by 46% to 175.9 million USD, ready food products by 21.1% to 167.4 million USD, textile products by 3.8% to 153.6 million USD.