Thursday, August 17 2023 17:30
Alina Hovhannisyan

Brazil is main importer of sugar to Armenia

Brazil is main importer of sugar to Armenia

ArmInfo. At the end of 2022, Armenia increased sugar exports 6.7-fold- up to 1.310 thousand tons,  with an increase in customs value 8.5-fold- up to $1.2 million,  according to the data of the RA Customs Service.

The volume of exported sugar was almost equally distributed between  Georgia (53.7%) and the Russian Federation (46.2%), and very meager  volumes were supplied to the markets of Kazakhstan and the USA.  The  volume of imported sugar year on year increased by 2.3% - up to 76.5  thousand tons, with an increase in customs value by 1.3% to $43.4  million.

Brazil was the main importer of sugar (93.9% against 52.6% a year  earlier). And the rest is imported from:  China (2.2%), the  Netherlands (1.4%), Russia (1.4%), Egypt (1%) and France (0.8%). Much  smaller volumes were imported from Belarus, Ukraine, the United  Kingdom, India, Belgium, Italy, Germany, Mauritius, and very meager  volumes of sugar (1-700 kg) were imported from Madagascar, Hungary,  Peru, Paraguay, Reunion, China, Costa - Riki, Laos, Bulgaria,  Guatemala, Lebanon, Colombia.

According to previously available data, 99.9% of sugar is imported to  Armenia by the Alex-Grig company, owned by the family of Armenian  oligarch Samvel Aleksanyan.