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Foreign trade surplus exceeds $11 billion in Azerbaijan

Business Materials 20 November 2013 16:52 (UTC +04:00)
The Azerbaijani State Customs Committee announced an increase in the volume of foreign trade operations by 5.1 per cent in January-October 2013 compared to the same period of last year, the committee said on Tuesday.
Foreign trade surplus exceeds $11 billion in Azerbaijan

Baku, Azerbaijan, Nov. 20

By Abbas Akhundov - Trend:

The Azerbaijani State Customs Committee announced an increase in the volume of foreign trade operations by 5.1 per cent in January-October 2013 compared to the same period of last year, the committee said on Tuesday.

Azerbaijan's foreign trade partners for this period numbered 147 countries.

According to the report, the total trade turnover of Azerbaijan was estimated at $28.8 billion.
Black ink exceeding $11 billion was formed in foreign trade operations.

According to the report, about 6332 legal and physical entities were involved in foreign economic activities during this period, 3616 being legal entities and 2716 individuals.

Export operations reached $19.92 billion in January-October which is 0.93 per cent more compared than the same period of 2012.

The public sector share in export operations was estimated at $18.6 billion (93.35 per cent), the private sector share - $1.157 billion (5.8 per cent) and individuals share- $167.94 million (0.84 per cent).

Imports were estimated at $8.88 billion in January-October which is 15.83 per cent more compared to the same period of 2012.

The public sector share in import operations was estimated at $2.22 billion (30.73 per cent), private sector share- $5.72 billion (64.44 per cent) and physical entities share - $424.01 million (2.1 per cent).

About 1915 kinds of goods were exported and 5960 imported to Azerbaijan in January-October.

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