Armenia's foreign trade drops by 24% in 2015

Armenia's foreign trade drops by 24% in 2015

The Armenian National Statistical Service (NSS) has revealed data about the volume of foreign trade turnover in the last seven months. In the period from January to July, compared with 2014, the foreign trade of Armenia dropped 24% and amounted to 2520.8 million dollars.

Statistics showed that the volume of exports during this period amounted to 809.3 million, which is 4.4% less than last year. Imports dropped by 30.7% and amounted to 1711.5 million dollars. As a result, the negative balance of foreign trade in January-July of the current year amounted to 902.2 million dollars, Arka reports.

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