Thursday, November 5 2020 17:24
Alina Hovhannisyan

Production of aluminum foil is growing in Armenia

Production of aluminum foil is growing in Armenia

ArmInfo. In Armenia, the production of aluminum foil in January-September 2020, increased by 13.8%, against of 3.3% growth a year earlier - up to 26 450 tons. 

This is evidenced by the data of the RA Statistical Committee.   According to the RA Customs Service, in the 1st half of 2020. 17.3  thousand tons of aluminum foil were exported from Armenia, which is  3% higher than a year ago (against 0.8% growth a year earlier). At  the same time, in monetary terms, the export of foil showed a decline  of 8.1% per annum - to $ 45.8 million.

According to the RA Customs Service, the foil was mainly exported to  the USA (36.6%), Germany (27.5%), Poland (10.4%), the Netherlands  (8.7%), Spain (4.4%) , Austria (4.4%), Italy (3.9%), the United  Kingdom (2.7%), France (1%), as well as the Czech Republic, Hungary  and the Russian Federation.