ArmInfo. In 2019, Armenia increased the export of aluminum foil by 15.1% (against the 14.6% decline a year earlier), amounting to a total of about 32.6 thousand tons. According to the RA Customs Service, aluminum foil is in the TOP-10 of the most expensive goods in the export line of Armenia.
Less modest growth was recorded in value terms of foil exports, due to lower prices on the international market. So, according to the source, the customs value of aluminum foil increased by 2.5% in 2019, amounting to $ 95.1 million.
The foil was mainly exported to Germany (31.7%), the USA (29.7%), Poland (10.8%), the Netherlands (10.4%), Italy (5.4%), France (5%), Austria (3.2%), as well as the United Kingdom, Denmark, Czech Republic, Gabon, Spain, the Russian Federation, Georgia.
At the same time, during the reporting period, Armenia reduced the volume of imported foil by 37.2% (against 2.2 fold growth) to 2 thousand tons. At the same time, the customs value also decreased - by 28.7%, amounting to $ 8.4 million. Mostly the foil was imported from Greece (89.6%), China (4.3%), Russia (3.8%), the remaining volume was imported from Ukraine, UAE, Italy, Poland, Iran, Turkey, Germany, USA.
According to the RA Statistical Committee, in 2019, the production of aluminum foil increased by 7.7% to 30,547 tons, compared to a 14.5% decline in 2018. Exceeding the 30 thousandth milestone is recorded for the second time, and for the first time this was observed at the end of 2017 with a volume of 33,724 tons.
