In 2019, Armenia increased the exports of copper ore by 32.3% YoY, to 562 thousand tons, as opposed to a drop of 13.2% in 2018.
According to the Customs Service, in monetary terms exports grew by 19.2%, to $626.6 million.
Copper ore was exported to Bulgaria (40.3%), Switzerland (29.8%), China (1.7%), as well as Georgia, Germany, Russia, Japan, the Netherlands and the UK.
Molybdenum concentrate exports grew 2.7-fold (after a drop of 46.1%), to 2.1 thousand tons, valued at $17.9 million, up 2.3-fold. The main customers were Switzerland (38.7%), Belgium (37.2%), China (19.1%), Russia (2.9%) and Korea (1.9%).
At the same time zinc concentrate exports decreased by 2.5%, as opposed to a growth of 22.4% in 2018, to 12.2 thousand tons valued at $16.5 million, down by 19.6%. Belgium was the only customer.
Exports of ores containing precious metals increased by 6.7% (by 43.3% in 2018), to 3.3 thousand tons, valued at $3.1 million, down by 5.6%. Almost everything went to Switzerland.
In 2019, Armenia produced 14322 tons of molybdenum concentrate, up by 28.9%, 400 thousand tons of copper concentrate, up by 26%, and 11238 tons of zinc concentrate, up by 3.8%. (Ukrainian metal)