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Armenia's foreign trade turnover in 1Q06 hits $606.4 mln, up 7%

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YEREVAN, April 29 (RIA Novosti, Gamlet Matevosyan) - Armenia's foreign trade turnover in January-March 2006 was at $606.4 million, up 7% on 2005, the National Statistics Service said Saturday.

Exports were worth $184.4 mln and imports $422 mln.

Armenia's foreign trade deficit in January-March 2006 was $237.6 mln.

Germany accounted for the largest share of Armenian exports (18.3%), followed by the Netherlands (15.5%), Belgium (13.1%), Russia (10.3%), Israel (9%), Georgia (6.5%), and the United States (6.47%).

Most of Armenia's imports came from Russia (13.2%), followed by Ukraine (9.7%) Turkmenistan (7.8%), Germany (6.9%), Belgium (6.5%), Israel (5.7%), and the United States (4.9%).

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