NEWS

Armenia increased exports by 54.4% and imports by 33.8% in 2022

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The Armenian government’s report on the progress and results of the implementation of its plan of actions in 2022 announces that the country increased exports by 54.4% in 2022 and imports by 33.8%.
The amount of about 2.3 trillion (about $5.4 billion) drams was reached by Armenian exports and over 3.7 trillion (about $8.8 billion) drams by imports.
The National Statistical Committee announces the rise of exports by 77.7% from the year before, reaching $5 billion 360 million in January-December 2022.
A 5.7% decrease was shown by exports in December 2022 compared to November, but it was almost a 90.2% rise compared to December 2021. Exports in January-December 2022 reached about 2.3 trillion drams.
During the reporting period, imports increased by 63.5% compared to January-December 2021 and amounted to about $8.8 billion.
An increase by 1.6% compared to November was attained by imports in December 2022 and by 60.2% compared to December 2021. Counted in drams, imports in January-December 2022 surpassed 3.7 trillion drams ($1= 387.94 drams).

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