ArmInfo. The foreign trade turnover between Armenia and Ukraine following the results of 2017 reached an upward trend. The last time the growth of trade turnover between the countries was fixed in 2013. According to the National Statistical Service of Armenia, the trade turnover of the Armenian-Ukrainian mutual trade amounted to $ 129.1 million, with annual growth of 17.5%. In particular, exports increased by 30% to $ 10.5 million, with imports increasing by 16.5% to $ 118.6 million.
"I hope that the significant decline that occurred in recent years has been overcome. Such dynamics of the Ukrainian-Armenian trade turnover is primarily related to the improvement of the economic situation in Armenia. After all, the lion's share of trade (over 90%) is Ukrainian import to Armenia. An attentive buyer knows and respects Ukrainian goods, including food products, confectionery, juices and, of course, Ukrainian vodka, "said Denis Avtonomov, Charge d'Affaires ad interim of Ukraine in Armenia, in an interview with ArmInfo.
However, according to the Ukrainian diplomat, the potential of trade and economic relations has not been fully utilized. In this regard, he recalled that the trade turnover between Armenia and Ukraine exceeded $ 300 million 10 years ago. "We are constantly working to establish direct contacts between Ukrainian and Armenian businessmen, as well as to prepare for the next meeting of the Ukrainian- Armenian intergovernmental commission on economic cooperation," Avtonomov concluded.
