Armenian foreign trade deficit grows 21% in H1

Jul 31 2006 6:19PM

YEREVAN. July 31 (Interfax) - Armenia's foreign trade deficit increased 21.2% year-on-year to $513.5 million in the first half of 2006, a source in the National Statistics Service told Interfax.

Foreign trade increased 12.6% year-on-year to $1.389 billion in January-June. Exports dropped 0.6% to $437.7 million, while imports grew 19.9% to $951.2 million.

Foreign trade turnover amounted to $2.79 billion in 2005, up 35.1% from 2004. The trade deficit was $850 million. tj

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