Wednesday, July 21 2021 13:36

ArmInfo. Foreign trade turnover between the EAEU member states in January-May 2021 compared to the same period last year increased by 33%, amounting to $ 26.8 billion, Iya Malkina, Assistant Chairperson of the Eurasian Economic  Commission (EEC), said during a briefing on July 21.

At the same time, she noted that there is an increase in exports and  imports in all countries of the Eurasian Union. In this regard, she  pointed to an increase in the volume of exports of Kyrgyzstan - by  75%, and the volume of import purchases in Belarus - by 47%.

Malkina also said that during the reporting period, the EAEU  countries registered an increase in foreign trade with third  countries, the volume of which increased by 19% - up to $ 297.4  billion. In particular, she pointed out that exports to the markets  of third countries increased from Belarus - by 58%, and also Armenia  and Russia - by 18%. The growth in the volume of imports was  observed, according to her, in all the countries of the EAEU.  However, the highest rates were provided by Kyrgyzstan - by 61%, and  Russia - by 28%.

At the same time, the assistant to the head of the EEC said that the  allied states were actively engaged in trade with all EU countries,  the share in the turnover of which was 39%, in particular with  Germany about 8%, the Netherlands - more than 6%. The share of trade  with APEC countries (Asia-Pacific Economic Cooperation) was 36%,  while the coverage of trade with China reached 20%.

To note, according to the Statistical Committee of the Republic of  Armenia, Armenia's foreign trade turnover with the EAEU countries in  January-May 2021 compared to the same period in 2020 increased by  11.1% (against 3.2% growth a year earlier), amounting to $ 909.2  million. The upward trend of Armenia's foreign trade turnover with  the EAEU countries was caused by Russia, Kazakhstan and Kyrgyzstan,  and in the direction of Belarus, foreign trade sank. In particular,  the foreign trade turnover of Armenia with Russia accelerated the  annual growth from 3.1% to 11.9%, with Kazakhstan - from 13.8% to  67.5%, with Kyrgyzstan came out of the 32.8% decline by 81% growth,  and with Belarus, on the contrary, reversed the dynamics from 5.5%  growth to 18.8% decline.

Armenia's foreign trade turnover with the EU countries in January-May  2021 grew by 16.6% (from a 19.8% decline a year earlier), amounting  to $ 573.2 million. In the structure of Armenia's foreign trade with  the EU countries, Germany accounts for the largest share - 19.9% or $  114.3 million (with an improvement in annual dynamics from a 30.7%  decline to 25% growth), Italy - 18.3% or $ 105.1 million (with an  output of annual dynamics from 22.9% decline by 23.9% growth),  Bulgaria - 14.8% or $ 85.1 million (with a reversal of the annual  trend from 5.8% decline to 10.5% growth), the Netherlands - 11.9% or  $ 68 million (with the release of the annual dynamics from the 23.9%  decline to 9.1% growth), and France - 7% or $ 39.9 million (with the  reversal of the annual trend from 2.1% decline to 7.1 % growth).