Armenia has significantly increased polished diamond exports and  rough diamond imports

 Friday, September 2 2022 18:51:00
Armenia has significantly increased polished diamond exports and  rough diamond imports

ArmInfo. In H1 2022, Armenia significantly increased the export of polished diamonds  (2.1-fold) up to 715.2 thousand carats, while their customs value  increased 2.8-fold to $134.1 million. This is evidenced by the data  of the RA Customs Service.

Telecommunications revenue in Armenia increased by 4.8% in 8 months  of 2021
 Friday, October 8 2021 13:29

ArmInfo.Revenue in the communications sector of Armenia in January-August 2021 in comparison with the same period in 2020 grew by 4.8% (against 4.3% decline a  year earlier), exceeding 95.9 billion drams. This is evidenced by the  data of the RA Statistical Committee.

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Armenia`s metallurgical industry reaches double-digit growth
 Thursday, October 7 2021 17:06

ArmInfo.Metallurgical industry of Armenia in January-August 2021 accelerated y-o-y  production growth from 8.3% to 18.5%. As evidenced by the data of the  Statistical Committee of the Republic of Armenia, the improvement in  dynamics is due to the many-fold increase in the production of  castings from unalloyed (carbon) steel.

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Armenia`s foreign trade with EU countries reaches double-digit growth
 Thursday, October 7 2021 17:02

ArmInfo. Armenia's foreign trade with the EU countries in January- August 2021 grew by 22.8% (from a 21.3% decline a year earlier and a 14.3% decline in the pre-covid  period), amounting to $ 1.01 billion. Armenia's foreign trade with  the EU countries amounted to $ 133.8 million, accelerating the annual  decline from 8.6% to 43.7%

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Armenia`s foreign trade with EAEU countries intensifies at a rapid  pace
 Thursday, October 7 2021 14:52

ArmInfo.Armenia's foreign trade turnover with the EAEU countries in January-August 2021, compared to the same period of 2020, accelerated growth to 11% (from 0.1% a year earlier), exceeding even the pre-COVID growth by 6.7%, and amounting  to $ 1.6 billion. This is evidenced by the final data of the RA  Statistical Committee.

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Armenia reduced production of aluminum foil by 3.9% in 8 months
 Thursday, October 7 2021 14:52

ArmInfo.The production of aluminum foil in Armenia in January-August 2021 compared to the same period in 2020 decreased by 14%, with a volume of 22.589 thousand  tons provided (against 14% growth a year earlier). This is evidenced  by the data of the RA Statistical Committee.

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In Armenia, y-o-y inflation in September 2021 reached 8.9% due to  increase in food prices
 Wednesday, October 6 2021 13:08

ArmInfo.In the consumer market of Armenia in January-September 2021, inflation was recorded at 3.6%, against deflationary 1.4% in the same period of 2020 and 2.1% pre-  COVID deflationary for 9 months of 2019.

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Production of solar energy has increased significantly in Armenia
 Tuesday, October 5 2021 18:54

ArmInfo.In January-August 2021, Armenia generated 5,030.5 million kWh electricity, which is 1.5% less than a year ago (against an increase of 1.9% a year  earlier).  According to the Statistical Committee of the Republic of  Armenia, in August alone, electricity generation decreased by 8.8% -  to 576.4 million kWh.

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Industrial growth is hampered by the decline of the dominant sector,  the manufacturing industry
 Tuesday, October 5 2021 18:25

ArmInfo. The volume of industrial production in Armenia in January-August 2021 amounted to 1.4 trillion drams ($ 2.7 billion), having increased on a y-o-y terms  by 1% alone, repeating the dynamics of the same period in 2020  (0.9%), while significantly yielding to the pre-COVID 9.5% growth. 

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Armenia reduced exports of molybdenum, zinc and copper concentrates
 Friday, September 10 2021 20:31

ArmInfo. In H1 2021, Armenia reduced the export of copper ore by 9.5% per annum (against 17.8% growth a year earlier) - to 240.5 thousand tons. At the same  time, having increased the customs value by 50% - up to $ 421.3  million.

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Armenia increased export of all alcoholic beverages produced in  country
 Friday, September 10 2021 20:31

ArmInfo. The alcohol industry in Armenia has recovered from the coronavirus crisis. The volumes of alcoholic beverages produced and exported have increased  after a prolonged decline during 2020 due to the outbreak of the  coronavirus pandemic.

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Armenia significantly increased volume of exports and imports of  fruit and berry crops
 Friday, September 10 2021 20:29

ArmInfo. In H1 2021, Armenia increased the export of fruit and berry crops by 98.1%  (including apricots, peaches, apples, pears, sweet cherries,  cherries), providing a volume of 21.6 thousand tons.

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Armenia in H1 2021 increased grape exports by 66.7% 
 Friday, September 10 2021 20:29

ArmInfo. Armenia in H1 2021 increased export supplies of grapes by 66.7% per annum to 2.3 thousand tons. The customs value of exported grapes increased by 71%,  amounting to $ 847 thousand. This is evidenced by the data of the RA  Customs Service.

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Armenia significantly reduced sugar imports
 Thursday, September 9 2021 18:58

ArmInfo.In the first half of 2021, Armenia reduced sugar imports by 73.4% (against a decline of 35% a year earlier), supplying 5.6 thousand tons to the market.  According to the data of the Customs Service, the customs value at  the same time decreased by 53.2%, amounting to $ 3.2 million.

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Imports of oil products to Armenia grew by 3.7% in the first half of  2021
 Thursday, September 9 2021 18:36

ArmInfo. Imports of oil products to Armenia in quantitative terms increased in the first half of 2021 by 3.7% per annum - up to 229.2 thousand tons (against an  increase of 53.3% a year earlier). At the same time, the customs  value increased by 31.3% - up to $ 150.1 million, as evidenced by the  data of the Armenian Customs Service.  

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Armenia continues to reduce imports and exports of passenger cars
 Thursday, September 9 2021 18:35

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.

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Diamond exports from Armenia have increased several-fold
 Thursday, September 9 2021 13:12

ArmInfo. In H1 2021, the volume of polished diamond exports from Armenia increased 5.5-fold (against a 32.2% decline a year earlier), amounting to 530.3 thousand  carats. According to the RA Customs Service, while the customs value  increased 2.1-fold, amounting to $ 36.5 million.

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YOY inflation in Armenia reaches 8.8% in August 2021
 Wednesday, September 8 2021 20:12

ArmInfo. In Jan-Aug 2021, inflation at 3.7% was recorded in the consumer market of Armenia, against 1.2% deflation in the same period of 2020. This was provoked  by a rise in prices for food products (including alcohol and  cigarettes) by 4.9% and non-food products by 5.2%, while tariffs for  services increased by 1.2%.

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Exports grow faster than imports in Armenia`s foreign trade with the  EU countries- 41% versus 11%
 Wednesday, September 8 2021 15:39

ArmInfo.Armenia's foreign trade turnover with the EU countries in Jan- July 2021 reached 21.8% growth (from a 21.9% decline a year earlier), amounting to $ 853.5  million. The negative balance of Armenia's foreign trade with the EU  countries amounted to $ 142.8 million, with an annual decline of  27.4% (against a 13.7% decline in the same period in 2020).

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Armenia`s foreign trade turnover with EAEU countries reaches  double-digit growth
 Wednesday, September 8 2021 14:37

ArmInfo.Armenia's foreign trade turnover with the EAEU countries in January-July 2021 compared to the same period of 2020 reached 17.5% growth (from a 2.6% decline  a year earlier), amounting to $ 1.4 billion, as evidenced by the  final data of the Statistical Committee of RA.

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Armenia slightly reduced the export of aluminum foil in H1, 2021
 Wednesday, September 8 2021 14:33

ArmInfo. In H1 2021, Armenia exported 17.1 thousand tons of aluminum foil, which is 0.7% less than a year ago (against 3% growth a year earlier). However, in  monetary terms, the export of foil showed an increase of 19.7% per  annum - up to $ 54.8 million.

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