BAKU, Azerbaijan, Aug.4
By Sadraddin Aghjayev - Trend:
The total export of Azerbaijan has increased in the first half of 2021, Executive Director of the Center for Analysis of Economic Reforms and Communications (CAERC), Doctor of Economics, Professor Vusal Gasimli told Trend.
According to Gasimli, this indicator amounted to $8.8 billion, which is $1.1 billion or 15 percent more than from January through June 2020.
A positive balance of $3.4 billion was formed in the foreign trade turnover of Azerbaijan, he said.
"In the first half of 2021, Azerbaijan's non-oil exports amounted to more than $1.16 billion. Compared to the first half of 2020, this figure increased by $248 million, or 27 percent," the executive director added.
He also noted that in the reporting period, the export of vegetables and fruits amounted to more than $306 million, plastics and products from them - almost $180 million, cotton - $123 million, aluminum and products from it - $61 million, ferrous metals and products from them - $53 million.
Besides, according to him, the share of the chemical industry accounted for about $36 million, the export of electricity amounted to $33 million, sugar - over $19 million and alcoholic and non-alcoholic beverages - $6.8 million.
The executive director also added that from January through June this year, the export of sugar increased by 2.5 times, ferrous metals and products from them, as well as cotton yarn – by 2.4 times, cotton fiber – by 2.1 times, plastics and products from them – by 84 percent, aluminum and products from it – by 49 percent, while beverages – by four percent compared to the same period in 2020.
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