YEREVAN, JANUARY 14, NOYAN TAPAN. The foreign trade of Armenia amounted to 1 trillion 526 billion drams or 4 bln 992.6 mln USD in current prices in January-November 2008, including exports of 1 bln 7.6 mln USD and imports of 3 bln 985 mln USD. The foreign trade balance was negative by 910 bln drams (2 bln 977.4 mln USD), the same balance without cargos received as humanitarian aid was negative by 892.4 bln drams (2 bln 919.7 mln USD). According to the RA National Statistical Service, exports declined by 4.5%, imports grew by 39.5% in January-November 2008 on the same period of 2007. Exports from Armenia to CIS countries amounted to 317 mln 109 thousand USD in January-November 2008, falling by 2.6% on the same period of the previous year, while imports from CIS countries made 1 bln 35 mln 145.6 thousand USD, increasing by 30.2%. Exports to EU countries made 548 mln 364.1 thousand USD in the indicated period, growing by 7.2% on the same period of 2007, imports made 1 bln 66 mln 544.5 thousand USD, growing by 22.7%.

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