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How have import and export volumes of separate commodities changed?

Pursuant data issued by RA National Statistical Service in the period of January-August 2016 export volume has grown by 18.9% and comprised USD 1 billion 129.7 million. Import, as compared to January-August of previous year, decreased by 2.1%, thus, comprising USD 1 billion 985 million.

How did export and import volumes of separate commodities increase or decrease? The National Statistical Service issued separate data for 20 big commodity groups.

Export of oils and fats of animal and vegetable origin has grown the most—12.2 times or by 1126%. However, export volume of this commodity group is yet small—USD 624.1.

Export of art works increased 3.9 times, that of paper and paper items—3 times, leather, fur and items made of fur—2.4 times.

Export of precious and semi-precious stones and items made of them, grew by 85%, reaching USD 236.6 million. Export of ready-made food production grew by 28.7%, reaching USD 242.5 million.

The largest export commodity group—mining production (mainly copper concentrate) decreased by 5.2% and comprised USD 300.2 million. Export of non-precious metals and items made of them decreased by 12.1%, thus, comprising USD 139.1 million.

On the whole, in case of 15 out of 20 commodity groups growth has been recorded, and in case of 5—decreased.

The snapshot is just the contrary in case of import. Decrease of import volume has been recorded in case of 12 groups out of 20.

Import of mining production decreased by 8.8% and comprised USD 361.5. It should be stated that gas and oil products are included in this group.

Regarding percentage import volumes of herbal products and vehicles have reduced respectively by 25.8% and 22%.

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