MOSCOW TIME: 24.09.2018 02:54:04


Russia-Armenia Trade Turnover Gathers Speed

Russia-Armenia Trade Turnover Gathers Speed

In the first quarter of 2018 Russia-Armenia trade turnover has amounted to $513 mln and increased by 38% compared to the same period of 2017.

In 2017 the trade turnover of these countries stood at $1,71bn. As for the structure of the bilateral trade, Russia’s export to Armenia amounted to $1,17 bn and grew by 18% compared to 2016. The supplies from Russia accounted for 29% of all Armenian import. The value of Russias import from Armenia was $540 mln, a 45% increase compared to 2016.

The main commodities exported by Russia to Armenia in 2017 were petroleum gases and other gaseous hydrocarbons, petroleum oils and oils from bituminous minerals (not crude), unwrought aluminium, wheat and meslin. These products accounted for 50% of all Armenias import from Russia.

The main commodities imported by Russia from Armenia were undenatured ethyl alcohol of an alcoholic strength by volume of less than 80%, spirits, liqueurs and other spirituous beverages, lamps and light fittings, and diamonds (whether or not worked, but not mounted or set). These goods accounted for 45% of all Armenias export to Russia.


Russia Armenia Trade

Share this:

Share this Share this Share this


21.09.2018 Rosneft plans to deliver up to 50 mln tonnes of oil to China

According to the Russian Customs Service, annual oil supplies from Russia to China has amounted to 52.6 mln tonnes. Rosneft accounts for 75% of oil supplies.

21.09.2018 Russia eyes opening consulate general in Chinas Harbin

Russia is considering plans of opening a consulate general in northeastern Chinas Harbin.

20.09.2018 A delegation of students from USA met with students from Russia

A delegation of students from North Americas leading universities met with students and teachers of the Far Eastern Federal University (FEFU ) as part of the 4th Eastern E...


06.06.2019 00:38:00 St. Petersburg International Economic Forum 2019

June 6-8, 2019 Russia (St.Petersburg)

21.11.2018 00:25:00 UZPRODTECHEXPO-2018

November 21-23, 2018 Tashkent (Uzbekistan)

31.10.2018 00:05:00 UZENERGYEXPO-2018

October 31 November 2, 2018 Tashkent (Uzbekistan)


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education

03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners