...

Azerbaijan boosts exports to Israel

Economy Materials 30 June 2022 13:25 (UTC +04:00)
Azerbaijan boosts exports to Israel
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, June 30. Exports from Azerbaijan to Israel amounted to $858.03 million from January through May 2022, which is 3.09 times more than in the same period last year, Trend reports with reference to the statistical bulletin of Azerbaijan’s State Customs Committee.

According to the committee, Israel accounted for 5.57 percent of Azerbaijan’s total exports during the reporting period.

Azerbaijan’s imports from Israel amounted to about $13.05 million in the first five months of 2022, and the share of this country in the total Azerbaijani imports - was 0.25 percent.

Trade between Azerbaijan and Israel amounted to $871.08 million from January through May 2022.

Azerbaijan's foreign trade turnover totally increased by 73.8 percent, or $8.7 billion from January through May 2022 (from $11.8 billion to $20.5 billion) compared to the same period last year.

Exports, in the structure of foreign trade turnover, accounted for $15.4 billion, which is $7.9 billion (107.5 percent) more than in the first five months of 2021.

The share of exports in the foreign trade turnover amounted to 75.01 percent against 62.8 percent a year earlier.

Azerbaijan's imports increased by $724.6 million, or 16.9 percent (from $4.3 billion to $5.1 billion) in the reporting period. The share of imports in foreign trade turnover amounted to 24.9 percent against 37.1 percent a year earlier.

Tags:
Latest

Latest