Exports from Armenia to Russia Sharply Increased in January

In January of the current year Armenia more traded with CIS countries, than that of the EU, moreover, lion share among CIS countries belongs to Russia. Upon official statistics, in total unit weight, foreign trade turnover 33.9% (33% in January 2015) belongs to CIS, and 24% (23.1% in January 2015) to the EU.  In both cases, however, trade has decreased by 11%. Noteworthy enough, export from EEU member countries to Russia grew by 82.2%, export to Kazakhstan hasn’t been performed, en export to Belarus decreased by 88%. Import from Russia has reduced by about 5%, from Belarus—by 70%, and from Kazakhstan it has increased 2.8 times. Armenia’s trade turnover with Iran increased by 30.3% comprising 6.8% of Armenia’s trade, moreover export has increased by 3 times.

By Gayane Khachatryan