Armenian goods exports up 57.4% in May due to re-exports of gold and jewellery - WB

p YEREVAN, 16 July. /ARKA/.nbsp;nbsp; Gold and jewelry re-exports continued to drive export growth, according to the World Bank's Armenia Monthly Economic Update – July 2024 review, published on Tuesday. /p p Goods exports grew by 57.4 percent (yoy) in May, driven by a five-fold increase in precious and semi-precious stone exports (the result of a six-fold increase in imports and re-exports of these items to the UAE). /p p Gold and jewelry’s export share reached 72.3 percent of total exports.