YEREVAN. – From January to June 2013, Armenia’s exports comprised about $700 million, informs the National Statistical Service. 

Exports from Armenia grew by 9.9 percent as compared to the first half of last year. 

At the same time, the imports to Armenia have reduced. Between January and June, the imports constituted 1.97 billion, which is a drop by 2.1 percent as compared with the first half of 2012.  

Owing to the growing exports and the reducing imports, the foreign trade balance of Armenia has improved. In addition, the country’s import-export ratio has significantly improved. The imports exceed the exports by 2.8 times, whereas this indicator was stably higher than three times in recent years.