Economy
Economy | 21.02.12 | 12:21

Drink Up!: Export of Armenian alcohol shows 30 percent increase

Drink Up!: Export of Armenian alcohol shows 30 percent increase

Photolure

E-mail to friend | (0) Comments | Print | Share

Readers' comments

Would you like to post a comment ? Be the first to share your thoughts.

Post a comment

Comments are welcomed and encouraged. However, comments not pertaining to the topic or containing slander or offensive language will be deleted. You have to be registered to be able leave your comment. Sign in or Register now for free.

Armenia exported 9.6 million liters of alcoholic beverages worth about $132 million last year according to the State Revenue Committee. Alcohol was second only to copper concentrate in export value and increased by more than 30 percent over 2010.

The increase falls short, though, of the highest outgoing of spirits -- $134 million in 2008.

The price-per-liter showed significant increase since the peak in 2008. In 2008 the average cost was $9.80. In 2011 a liter went for $13.70. The sharp increase is said to be due to strengthened tax control.
E-mail to friend | (0) Comments | Print | Share
Other Articles in Economy
news in photo
Click on a photo to view related article
New offer from VivaCell-MTS : The newest HTC One smartphones with the best price
Between East and West: Armenia declares European integration, not forgetting closer ties with Russia
Currency curve: Dollar’s king again in post-election Armenia
Football surprises at Orange: Trip to the final game of UEFA EURO 2012
GNC-ALFA launchs fixed telephony services of new generation
First in Armenia Orange presents HTC One series
Additional high-speed bundles for Orange subscribers
Orange Family pack: 0 AMD/min within family
With Orange Bonus Points customers can also get Internet bundles
United States of America is now in Orange Zone
Economist Assessment: “Surprising” stability in Q1
Government decides to extend Armenian power plant's operation