YEREVAN. - In the first quarter of 2016, the export from Armenia grew by 16.7 percent, reaching $815 mln USD.

Deputy Minister of Finance and Chief Treasurer of Armenia Atom Janjughazyan stated the aforementioned, introducing in the parliament the report on state budget execution of the republic for the first quarter of 2016.

The foreign trade turnover of the republic amounted to $2 bln 272.5 mln USD. At the same time, the export constituted $815 mln (up by 16.7%), the import reaching $1 bln 457.5 mln (down by 3.7%).

The export from Armenia grew to a large extent thanks to Russia (import from Russia increased at enormous rate, by 90%).