Armenian economy continues to grow at high rates, Deputy Chairman of the Central Bank Armen Nurbekyan said on Monday. “This is largely facilitated by high external demand in the services sector, as well as by growth in the construction sector,” Nurbekyan said presenting the annual report on the Central Bank’s activities at a meeting of … Read more
Armenia’s foreign trade doubled in January-March 2023 compared to the same period of 2022 to more than $4.2 billion, the National Statistical Committee (NSC) said. In March 2023 alone, the country’s foreign trade amounted to about $1.7 billion, which was 2.5 times more than in March 2022. It was up 23.7% compared to February 2023. … Read more
Armenia and Kazakhstan aim to expand cooperation in such areas as transportation, energy, food and others, according to statements made by the officials of both countries at the 9th session of Armenian-Kazakh commission for economic cooperation, held in Yerevan on April 28 under the co-chairmanship of Deputy Prime Minister of Armenia Mher Grigoryan and his … Read more
rmenia’s foreign trade in January-March 2023 amounted to over $4.2 billion, which is 2 times higher than in the first quarter of 2022, according to the numbers, released today by the National Statistical Committee (NSC). It said in March 2023 alone the foreign trade was up 23.7% compared to the previous month of February and … Read more
Armenia’s exports increased by 54.4% in 2022 and imports by 33.8%, according to the Armenian government’s report on the progress and results of the implementation of its plan of actions in 2022. Armenian exports calculated in the national currency, the dram, amounted to about 2.3 trillion (about $5.4 billion), while imports amounted to over 3.7 … Read more
About 2.5 million tons of various goods were transported in Armenia in the first two months of 2023, an 1.6% drop compared to the same period of time in 2022,while the number of transported passenger surged by 33.1% to about 26.2 million, according to the National Statistics Committee. During the period under review, about 1.5 … Read more
Armenia’s exports to Russia, Kazakhstan, Kyrgyzstan and Belarus , which all make the Eurasian Economic Union (EEU), have increased about 10 times since the creation of the organization, said Ashot Tavadyan, head of the Center for Economic Research. “In 2015, the EEU accounted for about 15% of Armenia’s total exports. In 2021, this figure reached … Read more
The Statistics Committee of Armenia has publicized the country’s macroeconomic data of the first two months of the current year. Accordingly, a 10.9-percent increase in the economic activity index was recorded in January and February. The increase in Armenia’s foreign trade was 77.7 percent, exports went up by 96.4 percent, and imports—by 67.4 percent. The … Read more
Minister of Economy Vahan Kerobyan and his deputy Arman Khojoyan had a meeting in Berlin with Poland’s Deputy Prime Minister and Minister of Agriculture and Rural Development Henryk Kowalczyk. Both sides attached importance to the big potential and prospects for developing the Armenian-Polish ties, especially in agriculture, the ministry of economy of Armenia said in … Read more
In 2022 the trade turnover was impressive, said Armenian Prime Minister Nikol Pashinyan in Parliament on Wednesday. He explained that when Georgia’s prime minister visited Armenia in 2019, the goal was to bring the trade turnover to $1 billion, and today the sides have approached or surpassed that figure. According to the PM, more electricity … Read more