BAKU, Azerbaijan, Dec. 26
By Khagan Isayev - Trend:
The export of alcoholic and non-alcoholic beverages from Azerbaijan reached $12.7 million from January through November 2021, increasing by 19.68 percent for the year, Trend reports with reference to the Azerbaijani State Customs Committee’s statistics bulletin.
The share of these products in the total export volume reached 0.06 percent.
The import of alcoholic and non-alcoholic beverages increased by $1.7 million (13.2 percent) for the year, the volume reached $70.1 million.
The share of these products in the total import volume reached 0.67 percent, having increased by 0.08 percentage points for the year.
As a result, the volume of foreign trade turnover of alcoholic and non-alcoholic beverages reached $82.8 million from January through November 2021, which is by 22.9 percent or $15.4 million more than in the same period of 2020.
Azerbaijan’s foreign trade turnover as a whole increased by 32.85 percent or $7.5 billion from January through November 2021 compared to the same period of last year - from $22.7 billion to $30.2 billion.
As a result, while remaining positive, the foreign trade balance increased on an annualized basis by 178 percent or $6.01 billion - to $9.4 billion from January through November 2021 compared to $3.4 billion from January through November 2020.
(1 USD = 1.7 AZN on Dec. 26)