In Armenia`s foreign trade turnover Russia and China continue to be  leaders in exports and imports

 Tuesday, June 8 2021 12:52:00
In Armenia`s foreign trade turnover Russia and China continue to be  leaders in exports and imports

ArmInfo. In Armenia's foreign trade turnover, the leadership is held by Russia with a volume of $ 656.9 million in January-April 2021, with an acceleration of y-o-y growth  from 2% to 2.4%. Russia retains leadership not only in this  indicator, but also in exports and imports - $ 220.9 million and $  436 million, respectively, with the change of the y-o-y export  dynamics from 11.3% decline to 20.9% growth with a change of the  import trend from 8.1% growth for 4.9% decline. This is evidenced by  the final data of the RA Statistical Committee.

Telecommunications sector revenue in Armenia grows
 Monday, June 7 2021 20:57

ArmInfo. Revenue in the telecommunications sector of Armenia in January-April 2021 amounted to 45.2 billion drams ($ 86.2 million), having increased in annual  terms by 0.2% (against 2.8% decline a year earlier).

>>>
Cargo transportation in Armenia by May 2021 increased by 17.7%, with  a decline in passenger traffic by 17.4%
 Monday, June 7 2021 20:57

ArmInfo. Passenger traffic in Armenia in January-April 2021 slowed down the y-o-y decline from 38.3% to 17.4%, amounting to 31,596.2 thousand people. This is  evidenced by the data of the RA Statistical Committee.

>>>
The metallurgical industry of Armenia increased production by 26.9%  per annum by May 2021
 Monday, June 7 2021 20:54

ArmInfo.The metallurgical industry of Armenia increased production volumes in January-April 2021 by 26.9% per annum (against a 28% decline a year earlier). This  is evidenced by the data of the RA Statistical Committee.

>>>
Armenia`s industrial sector slowly recovers from coronavirus crisis
 Monday, June 7 2021 20:16

ArmInfo. In January-April 2021, the industrial sector of Armenia showed insignificant growth due to the continuing decline in the manufacturing industry since the  outbreak of the pandemic. According to the data of the Statistical  Committee, during the reporting period, the industrial sector of  Armenia increased its volumes by 0.9% (against 4.2% growth in the  previous year), providing the volume of 650.8 billion drams (over $  1.2 billion). In April alone, the industrial sector showed an  increase of 2.1% - up to 180.4 billion drams ($ 343.2 million).

>>>
Armenia`s foreign trade turnover with EU countries increased by 12.4%  per annum by May 2021
 Monday, June 7 2021 19:54

ArmInfo. Armenia's foreign trade turnover with the EU countries in January-April 2021 reached 12.4% growth (from a 13.4% decline a year earlier), exceeding $ 449.6  million.

>>>
Armenia`s foreign trade turnover with  EAEU countries grew by 1.6%  per annum in January-April 2021
 Monday, June 7 2021 18:52

ArmInfo.Armenia's foreign trade turnover with the EAEU countries in January-April 2021 compared to the same period of 2020 increased by 1.6% (against 2.4% growth a year  earlier), amounting to $ 678.2 million, as evidenced by the final  data of the RA Statistical Committee.

>>>
Armenia`s foreign trade turnover increased by 7.2% per annum in  January-April 2021
 Monday, June 7 2021 17:57

ArmInfo.Armenia's foreign trade turnover amounted to $ 2.2 billion in January-April 2021, with an improvement in y-o-y dynamics to 7.2% growth (from a 10.4% decline a  year earlier).

>>>
Armenia`s public debt is approaching $ 9 billion
 Monday, June 7 2021 17:54

ArmInfo.Armenia's public debt accelerated growth in January-April 2021 to 10.4% (from 1.4% growth a year earlier), reaching $ 8.8 billion. According to preliminary data  of the RA Ministry of Finance, published by the RA Statistical  Committee, Armenia's external debt increased by 9.8%, exceeding $ 6.7  billion, and domestic debt - by 6.8%, exceeding $ 2 billion, while a  year earlier the decline in external debt by 1.7% was accompanied by  an increase in domestic debt by 13.3%.

>>>
Aluminum foil production volumes decreased by 3.7% per annum in  January-April 2021 in Armenia
 Monday, June 7 2021 17:45

ArmInfo. Aluminum foil production in January-April 2021 decreased by 3.7% per annum (against 12.5% growth a year earlier), amounting to 11.686 thousand tons.   This is evidenced by the data of the RA Statistical Committee.

>>>
Electricity generation in Armenia slows down annual growth rate
 Monday, June 7 2021 13:45

ArmInfo. Electricity generation in Armenia in January-April 2021 amounted to 2,753 million kWh, with a slowdown in annual growth from 10.3% to 3.1%. And just within a  month, the dynamics turned from the March 16% growth to the April 13%  decline - to 640.1 million kWh.  This is evidenced by the data of the  RA Statistical Committee.

>>>
The y-o-y inflation in Armenia in May 2021 was 5.9%, for five months  - 4.7%, with a deflation of 0.4% in May 
 Friday, June 4 2021 11:24

ArmInfo.In the consumer market of Armenia in January-May 2021, inflation was recorded at 4.7%, against 2.5% inflation in the same period of 2020. According to the  Statistical Committee of the Republic of Armenia, this was provoked  by an increase in the prices of food products (including alcohol and  cigarettes) by 7.8% (against 5.6% a year earlier), non-food products  by 5% (against a decrease in prices by 0.5% a year earlier) and  tariffs for services - by 0.9% (against 0.4% a year earlier).

>>>
Armenia`s foreign trade turnover decreased by 4.4% per annum in the  first quarter of 2021
 Friday, May 7 2021 11:48

ArmInfo.Armenia's foreign trade turnover in the first quarter of 2021 amounted to $ 1.5 billion, accelerating the decline to 4.4% (from 4% a year earlier). According  to the final data of the Statistical Committee of the Republic of  Armenia, this was provoked by the acceleration of the decline in  imports from 6.2% to 8.7%, while the export growth accelerated from  0.2% to 3.4%, the volumes of which amounted to $ 936.4 million and $  572.9 million, respectively.

>>>
Natural population growth in Armenia decreased by 17% in the first  quarter of 2021
 Thursday, May 6 2021 22:55

ArmInfo.In Armenia, in the first quarter of 2021, 8,583 children were born, which is 13.3% higher than a year ago, and by 7.9% compared to the same period in 2019.   According to the Statistical Committee of the Republic of Armenia,  the birth rate per 1000 inhabitants for the reporting period amounted  to 11.7 ppm, against 10.3 ppm a year earlier and 10.9 ppm two years  ago.

>>>
In Armenia, the negative balance of migration in the first quarter of  2021 decreased by 30.6%
 Thursday, May 6 2021 22:55

ArmInfo.Negative migration balance in Armenia at the end of the first quarter of 2021 amounted to 682 people, which is less than a year ago by 30.6%, and in the  two-year context, a decrease of 44% was recorded. This is evidenced  by the data of the RA Statistical Committee.

>>>
Armenia`s textile industry increased its volumes by 73.2% per annum  in Q1 of 2021
 Thursday, May 6 2021 17:20

ArmInfo. The volume of production of the textile industry in Armenia in the first quarter of 2021 reached 73.2% growth (from a 9.8% decline in the same period a year  ago), amounting to 402.5 million drams. This is evidenced by the data  of the RA Statistical Committee.

>>>
In Q1 services in a number of areas remained on the rise, but  significantly slowed down the rate
 Thursday, May 6 2021 15:17

ArmInfo. In the first quarter of 2021 the service sector in Armenia accelerated its annual growth from 5.7% to 8.1%, amounting to 403.9 billion drams (about $ 938 million).   According to the data of the Statistical Committee of the Republic of  Armenia, for March 2021 the volume of services provided increased by  9.5% - up to 145.1 billion drams (over $ 301 million).

>>>
Armenia`s alcohol industry recovers from coronavirus crisis in a year
 Thursday, May 6 2021 15:04

ArmInfo. The alcohol industry in Armenia has managed to recover from the coronavirus crisis. Since March last year, since the outbreak of the pandemic, a decrease has  been registered for all types of alcoholic beverages in the RA.  However, according to the results of the first quarter of 2021, it is  clear that the alcohol industry in Armenia has begun to recover. This  is evidenced by the data of the RA Statistical Committee.

>>>
Dominant telecommunications sector registers growth in Armenia`s  communications sector
 Thursday, May 6 2021 13:08

ArmInfo.Revenue in the communications sector of Armenia in the first quarter of 2021  accelerated the annual decline from 1.2% to 2.4%, amounting to 33.7  billion drams ($ 64.4 million). At the same time, the trend of the  dominant (91.6%) telecommunications sector reversed from a downward  2% to an upward 0.3%, with a revenue of 30.9 billion drams.

>>>
Passenger traffic in Armenia deepens into recession amid accelerated  growth in freight traffic
 Thursday, May 6 2021 11:22

ArmInfo.The volume of freight traffic in Armenia in the first quarter of 2021 accelerated the annual growth from 2.6% to 9.1%, amounting to 3,193 thousand tons.

>>>
Metallurgical industry of Armenia in Q1 of 2021 increased production  volumes by 4.1%
 Wednesday, May 5 2021 17:36

ArmInfo.The metallurgical industry of Armenia in the first quarter of 2021 slowed down the y-o-y growth from 30% to 4.1%. This is evidenced by the data of the  RA Statistical Committee. In particular, the production of  ferromolybdenum in the first quarter of 2021 compared to the same  period last year decreased by 18.4% (against 22.5% growth a year  earlier), amounting to 1.702 thousand tons. In March alone, 605.7  tons of ferromolybdenum were produced, which is 1.7% more than in  February.

>>>

News
Forecast: The economic consequences of the war for Armenia are still  aheadForecast: The economic consequences of the war for Armenia are still  ahead
$ 3 billion will be allocated from the state budget for the 4th  tranche of the North-South road$ 3 billion will be allocated from the state budget for the 4th  tranche of the North-South road
EBRD to provide Air Navigation of Armenia with EUR 3 millionEBRD to provide Air Navigation of Armenia with EUR 3 million
Head of the Audit Chamber of Armenia presented facts of abuses in the  field of road constructionHead of the Audit Chamber of Armenia presented facts of abuses in the  field of road construction
S&P revised the outlook on Ameriabank to ``Stable`` S&P revised the outlook on Ameriabank to ``Stable`` 
Armenia`s international reserves increased by 11.3% per annum by June  2021Armenia`s international reserves increased by 11.3% per annum by June  2021
Central Bank of Armenia: Net inflow of transfers from individuals  grew in Jan-April 2021 by 80% per annumCentral Bank of Armenia: Net inflow of transfers from individuals  grew in Jan-April 2021 by 80% per annum
Armenia will be among the nominees for World Travel AwardsArmenia will be among the nominees for World Travel Awards
Armenia and Iran intend to expand cooperation in a number of economic  areasArmenia and Iran intend to expand cooperation in a number of economic  areas
Ministry of Finance: Three quarters of Armenia`s public debt is in  foreign currency, which creates additional risks in connection with  the management of public debt Ministry of Finance: Three quarters of Armenia`s public debt is in  foreign currency, which creates additional risks in connection with  the management of public debt 
World Bank`s forecast for GDP growth in Armenia has not changed: 3.4%  in 2021, accelerating to 4.3% in 2022World Bank`s forecast for GDP growth in Armenia has not changed: 3.4%  in 2021, accelerating to 4.3% in 2022
CBA initiative to create a centralized register of bank accounts of  individuals was approved by relevant parliamentary committeeCBA initiative to create a centralized register of bank accounts of  individuals was approved by relevant parliamentary committee
RUSAL`s foil-rolling mills to join AL +RUSAL`s foil-rolling mills to join AL +
AraratBank raises USD 14.5 m arranged by Symbiotics AraratBank raises USD 14.5 m arranged by Symbiotics
UAE UAE "Masdar" company to build a solar power plant in Armenia with a  capacity of 200 MW
EDB is ready to consider integration projects in the region   EDB is ready to consider integration projects in the region  
Customer base of Armenian banks increased by 6% per annum by April,  and accounts  - by 4.3%Customer base of Armenian banks increased by 6% per annum by April,  and accounts  - by 4.3%
Head of Telecom Armenia shared his success story at Reinvent by  Renderforest conferenceHead of Telecom Armenia shared his success story at Reinvent by  Renderforest conference
In Armenia`s foreign trade turnover Russia and China continue to be  leaders in exports and importsIn Armenia`s foreign trade turnover Russia and China continue to be  leaders in exports and imports
Telecommunications sector revenue in Armenia growsTelecommunications sector revenue in Armenia grows
Cargo transportation in Armenia by May 2021 increased by 17.7%, with  a decline in passenger traffic by 17.4%Cargo transportation in Armenia by May 2021 increased by 17.7%, with  a decline in passenger traffic by 17.4%
The metallurgical industry of Armenia increased production by 26.9%  per annum by May 2021The metallurgical industry of Armenia increased production by 26.9%  per annum by May 2021
Armenia`s industrial sector slowly recovers from coronavirus crisisArmenia`s industrial sector slowly recovers from coronavirus crisis
Armenia`s foreign trade turnover with EU countries increased by 12.4%  per annum by May 2021Armenia`s foreign trade turnover with EU countries increased by 12.4%  per annum by May 2021
Armenia`s foreign trade turnover with  EAEU countries grew by 1.6%  per annum in January-April 2021Armenia`s foreign trade turnover with  EAEU countries grew by 1.6%  per annum in January-April 2021
Armenia`s foreign trade turnover increased by 7.2% per annum in  January-April 2021Armenia`s foreign trade turnover increased by 7.2% per annum in  January-April 2021
 Armenia intends to form a national innovation system by 2025 Armenia intends to form a national innovation system by 2025
Revenue part of Yerevan budget in 2020 is fulfilled by 84.6%Revenue part of Yerevan budget in 2020 is fulfilled by 84.6%
Armenia`s public debt is approaching $ 9 billionArmenia`s public debt is approaching $ 9 billion
In 2020, subsidies from state treasury of Armenia to regional  administrations amounted to about $ 115 millionIn 2020, subsidies from state treasury of Armenia to regional  administrations amounted to about $ 115 million
Armenia`s Ministry of Finance: In 2020, the budget of the  agricultural sector was revised downwardArmenia`s Ministry of Finance: In 2020, the budget of the  agricultural sector was revised downward
Aluminum foil production volumes decreased by 3.7% per annum in  January-April 2021 in ArmeniaAluminum foil production volumes decreased by 3.7% per annum in  January-April 2021 in Armenia
Electricity generation in Armenia slows down annual growth rateElectricity generation in Armenia slows down annual growth rate
Armenian textile industry increased 3.2-fold in January-April 2021Armenian textile industry increased 3.2-fold in January-April 2021
Economic activity in Jan-April 2021 increased by 2.6% per annum in  ArmeniaEconomic activity in Jan-April 2021 increased by 2.6% per annum in  Armenia
Export of buckwheat from Russia has been temporarily bannedExport of buckwheat from Russia has been temporarily banned
At the end of June, Agarak Copper-Molybdenum Combine CJSC will switch  to completely closed cycle of water consumption ahead of scheduleAt the end of June, Agarak Copper-Molybdenum Combine CJSC will switch  to completely closed cycle of water consumption ahead of schedule
In 2020, U.S., CoE and UN donors` financial assistance to Corruption  Prevention Commission of RA exceeded state budget allocations In 2020, U.S., CoE and UN donors` financial assistance to Corruption  Prevention Commission of RA exceeded state budget allocations 
Ameriabank ready for initial public offering of shares - Managing Director, Financial Institutions for EBRDAmeriabank ready for initial public offering of shares - Managing Director, Financial Institutions for EBRD
In 2020, the parliament spent 466 million drams on bonuses, monetary  rewards and special paymentsIn 2020, the parliament spent 466 million drams on bonuses, monetary  rewards and special payments
The y-o-y inflation in Armenia in May 2021 was 5.9%, for five months  - 4.7%, with a deflation of 0.4% in May The y-o-y inflation in Armenia in May 2021 was 5.9%, for five months  - 4.7%, with a deflation of 0.4% in May 
Janjughazyan told how much the state spent on the maintenance of the  bureaucratic apparatus of ArmeniaJanjughazyan told how much the state spent on the maintenance of the  bureaucratic apparatus of Armenia
Caucasian Power Transmission Network Program will be operational  after 2025 at bestCaucasian Power Transmission Network Program will be operational  after 2025 at best
Martin Galstyan: The new forecast report of the Central Bank for 2021  is supplemented with an apocalyptic scenario, but in reality the  economy began to breathe and expectations for GDP growth will be  improvedMartin Galstyan: The new forecast report of the Central Bank for 2021  is supplemented with an apocalyptic scenario, but in reality the  economy began to breathe and expectations for GDP growth will be  improved
Armenian and Russian sides to discuss extension of service life of  Armenian NPP until 2031Armenian and Russian sides to discuss extension of service life of  Armenian NPP until 2031
Deputy Minister: Discussions are underway with Iran on the launch of  the Meghri FEZ, the issue became especially relevant after the war in  ArtsakhDeputy Minister: Discussions are underway with Iran on the launch of  the Meghri FEZ, the issue became especially relevant after the war in  Artsakh
In 2020, expenditures of Armenian Foreign Ministry amounted to  approximately $ 35 millionIn 2020, expenditures of Armenian Foreign Ministry amounted to  approximately $ 35 million
In 2020, EU allocated 68.7 million euros to Armenia for budget  assistance In 2020, EU allocated 68.7 million euros to Armenia for budget  assistance 
The company of the former Deputy Energy Minister and the son of the  former Prime Minister of Armenia received another tax benefit from  the governmentThe company of the former Deputy Energy Minister and the son of the former Prime Minister of Armenia received another tax benefit from the government
Ardshinbank invited children to the cinema on International Children’s DayArdshinbank invited children to the cinema on International Children’s Day
IFC’s New Partnership with Evocabank, to Support Smaller Businesses, Boost Resilience and Drive Recovery in ArmeniaIFC’s New Partnership with Evocabank, to Support Smaller Businesses, Boost Resilience and Drive Recovery in Armenia
Ameriabank Announces a Contest for Bank Card DesignAmeriabank Announces a Contest for Bank Card Design
Scientists will again discuss problems and prospects for development  of geothermal energy in ArmeniaScientists will again discuss problems and prospects for development  of geothermal energy in Armenia
PSRC Head: There are no problems with the production capacity of  electricity in ArmeniaPSRC Head: There are no problems with the production capacity of  electricity in Armenia
Chairman of SCPEC: The price of butter will rise again Chairman of SCPEC: The price of butter will rise again 
Head of SCPEC: There will be no reduction in the price of gasoline Head of SCPEC: There will be no reduction in the price of gasoline 
 On June 1, events were held with the financing of IDBank On June 1, events were held with the financing of IDBank
Deputy Minister of Economy: Positive impulses from Russia inspire  optimism for restoration of  tourism sector in Armenia Deputy Minister of Economy: Positive impulses from Russia inspire  optimism for restoration of  tourism sector in Armenia 
Head of State Revenue Committee of Armenia urged citizens not to try  to smuggle Turkish-made goods into the country across the state  borderHead of State Revenue Committee of Armenia urged citizens not to try  to smuggle Turkish-made goods into the country across the state  border
In period of pandemic and Artsakh war, almost 50 milion US dollars  premiums were allocated in public sector of ArmeniaIn period of pandemic and Artsakh war, almost 50 milion US dollars  premiums were allocated in public sector of Armenia
Read more


Exchange rates
11.06.2021
RUB7.240.05
USD518.61-0.67
EUR630.16-1.49
GBP733.681.60
CAD428.60-0.24
JPY47.34-0.08
CNY81.220.05
CHF578.35-0.94