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Armenia's foreign trade in January 2023 soared by 93.8%, to nearly $1.3B

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BM.GE
27.02.23 18:29
316
Armenia’s foreign trade in January 2023 amounted to about $1.3 billion, which is 93.8% more than in January 2022, the National Statistical Committee said.

However, compared to December last year, the foreign trade in January 2023 was down 18.3%. In January 2023, the volume of foreign trade turnover in Armenian drams amounted to 514.4 billion.

Armenian exports in January 2023 increased 2.3-fold against the same period of 2022, amounting to $572.8mln. In January, a decrease of 1.1% was registered against December 2022. In January 2023, exports in drams stood at 226.6 billion.

Imports during the reporting period amounted to $727.1 million, registering a 72.5% growth compared to January 2022. Compared to December 2022 imports were down 28.2%. In drams they amounted to 287.8 billion, ARKA reports.

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