ArmInfo. In Jan-Sept 2016, export dynamics improvement (19.6% growth versus 0.9% decline in Jan-Sept 2015) tangibly reduced the unfavorable balance of Armenian foreign trade by 20.3%. Import retained negative dynamics but slackened decline to 0.8% from 26.6% a year before. In Jan-Sept 2016 versus Jan-Sept 2015, the foreign trade turnover of Armenia grew by 5.7% (down 20% in Jan-Sept 2015).
According to the preliminary data of the Armenian National Statistical Service, in Jan-Sept 2016 the foreign trade turnover of Armenia amounted to 1724.7 bln AMD ($3588.1 mln); export - 621.4 bln AMD ($1293.1 mln), import - 1103.3 bln AMD ($2295 mln), with the unfavorable balance of foreign trade being 481.9 bln AMD ($1001.9 mln).
In Sept 2016, the foreign trade turnover increased by 0.9%, with import rising by 1.7% and export dropping by 0.7%. As compared to Sept 2015, the foreign trade turnover increased by 11.4%, with export growing by 21.9% and import rising by 6.5%. In Sept 2016, the unfavorable balance of foreign trade rose by 4.5% to 67.9 bln AMD ($143 mln).
In Jan-Sept 2016 economic growth in Armenia slackened to 1.6% from 3.7% in Jan-Sept 2015. According to the preliminary data of the Armenian National Statistical Service, in September 2016 alone, the economic growth made up 7% (versus 28.2% in August, down 2.4% versus Sept 2015).
The average AMD/USD exchange rate was 474.10 AMD/1USD in Sept 2016 and 481.03 AMD/1USD in Jan-Sept 2016 versus 481.07 AMD/1USD in Sept 2015 and 477.71 AMD/1USD in Jan-Sept 2015.
RUB | 4.22 | 0.04 |
USD | 388.60 | -1.44 |
EUR | 416.73 | 1.10 |
GBP | 485.98 | 4.24 |
CAD | 284.02 | -0.58 |
JPY | 24.99 | -0.21 |
CNY | 53.63 | -0.19 |
CHF | 425.54 | -2.14 |