Thursday, September 9 2021 18:35
Alina Hovhannisyan

Armenia continues to reduce imports and exports of passenger cars

Armenia continues to reduce imports and exports of passenger cars

ArmInfo.In the first half of 2021 Armenia reduced car imports by 83.7%, against a more significant decline a year earlier - 2-fold. Thus, according to the  data of the Customs Service, 2.9 thousand units of passenger cars  were imported into the country during the reporting period, the  customs value of which decreased by 10.3% in y-o-y terms- to $ 37.2  million.

Cars were imported to Armenia mainly from the USA (26%), Russia  (22.6%), Japan (19.5%), Germany (11.6%), Mexico (6.8%), Canada (6% ),  as well as from Korea, Slovakia, China, United Kingdom, Austria,  Poland, France.  At the same time, the export of passenger cars also  significantly decreased - in quantitative terms by 93.2% (against an  almost 2-fold growth in the previous year) to 117 units. In value  terms, on the contrary, there is a 3.1-fold increase to $ 1.4  million.

Cars were exported mainly to the Russian Federation (54.7%), Georgia  (30.7%), Hungary (16.2%), as well as to Ukraine and India.