Exports of Armenian ferromolybdenum falls by 14 percent in 2015

YEREVAN, 21 April. /ARKA/. Exports of Armenian ferromolybdenum decreased by 14.1% in 2015 to 5,600 tons from 6,500 tons in 2014, according to the numbers, released by the Customs Service. It also said the total customs value of the exported ferromolybdenum in 2015 was approximately $55.5 million, down from $109.7 million in 2014. Virtually all ferromolybdenum - about 99.9%- was exported to Germany and the Netherlands.

More specifically, exports of ferromolybdenum to the Netherlands in 2015 fell to 3,600 tons (worth $34.6 million) from 3,700 tons (worth $61.8 million) in 2014. Exports to Germany fell to 1,900 tons (worth $20.1 million) from 2,800 tons (worth $47.9 million) in 2014.

According to the National Statistical Service of Armenia, production of ferromolybdenum in 2015 decreased by 14.6% to 5,800 tons.

Exports of crude copper and copper alloys in 2015 rose to 11,700 tons (the customs value was $65.5 million) from 9,900 tons in 2014 (customs value $71.8 million). The bulk of crude copper and copper alloys -11,700 tons (worth $ 65.5 million) was shipped to Germany, down from 8,900 tons ($ 64.8 million) in 2014.

At the same time, copper production in the country last year increased by 39% to 315,600 tons from 192,300 tons in 2014.

In 2015 exports of raw Armenian aluminum slashed by 51.4% - from 2,400 tons ($3.1 million) to 1,100 tons ($1.5 million). Production of aluminum in 2015 increased by 1.4% to 29,600 tons.

According to the National Statistical Service, total exports in 2015 declined by 3.9% from the previous year to $1.486.9 billion. - 0-