Major Shippers Country: ARMENIA
                                           _____________________________________
  ___________                             |                                     |                             September 8, 2006
 |           |                            |        MAJOR SHIPPERS REPORT        |
 |  ARMENIA  |                            |              By Country             |
 |___________|                            | Data through  6/2006 in Million SME |
                                          |_____________________________________|

                           Calendar Years       Year-to-Date                 Year-Endings                             YE  6/2006
 Ctrl, Cat, Product        2004      2005     6/2005    6/2006  % Change    6/2005    4/2006    5/2006    6/2006  % Change % Share


Aggregations:
 O     0 Total             3.441     1.082     0.121     0.484    300.47     1.870     1.415     1.445     1.445   -22.74    0.00
 O     1 Apparel           3.351     1.054     0.115     0.477    314.12     1.793     1.384     1.415     1.416   -21.03    0.01
 O     2 Non-Apparel       0.090     0.027     0.006     0.007     27.42     0.077     0.031     0.030     0.029   -62.44    0.00
 O    12 Fabrics           0.000     0.000     0.000     0.000   -100.00     0.000     0.000     0.000     0.000  -100.00    0.00
 O    14 Made Ups / Misc   0.090     0.027     0.006     0.007     27.89     0.077     0.031     0.030     0.029   -62.43    0.00
 O    30 Cotton Products   0.715     0.239     0.117     0.477    308.28     0.518     0.569     0.598     0.599    15.60    0.00
 O    31 Cotton Apparel    0.642     0.223     0.115     0.477    314.40     0.457     0.553     0.584     0.585    27.93    0.00
 O    32 Cot Non-Apparel   0.073     0.016     0.002     0.000    -96.58     0.061     0.016     0.014     0.014   -76.66    0.00
 O    40 Wool Products     0.017     0.011     0.004     0.007     81.70     0.016     0.015     0.016     0.015    -8.14    0.00
 O    42 Wool Non-Appare   0.017     0.011     0.004     0.007     81.70     0.016     0.015     0.016     0.015    -8.14    0.01
 O    60 MMF Products      2.709     0.831     0.000     0.000   -100.00     1.336     0.831     0.831     0.831   -37.79    0.00
 O    61 MMF Apparel       2.709     0.831     0.000     0.000   -100.00     1.336     0.831     0.831     0.831   -37.79    0.01
 O    80 S and V Product   0.000     0.000     0.000     0.000   -100.00     0.000     0.000     0.000     0.000  -100.00    0.00
 O    81 S and V Apparel   0.000     0.000     0.000     0.000       *       0.000     0.000     0.000     0.000      *      0.00
 O    82 S and V Non-App   0.000     0.000     0.000     0.000   -100.00     0.000     0.000     0.000     0.000  -100.00    0.00

Man-Made Fiber:
 O   634 Other Coats, MB   0.941     0.337     0.000     0.000       *       0.641     0.337     0.337     0.337   -47.47    0.08