BAKU, Azerbaijan, August 17. The trade turnover between Azerbaijan with EU countries exceeded $15.5 billion from January through July 2022, while the share of these countries in Azerbaijan’s total foreign trade turnover amounted to 79.27 percent, Trend reports via the Azerbaijani State Customs Committee (SCC).
Comparative table of trade turnover between Azerbaijan and EU countries:
|
7M2022 |
7M2022 |
||||
|
Country |
Export |
Share (%) |
Country |
Import |
Share (%) |
|
Germany |
$272.7 million |
1.21 |
Germany |
$332.5 million |
4.44 |
|
Austria |
$90.3 million |
0.4 |
Austria |
$44.1 million |
0.59 |
|
Belgium |
$992,030 |
- |
Belgium |
$36.7 million |
0.49 |
|
Bulgaria |
$57.8 million |
0.26 |
Bulgaria |
$22.8 million |
0.3 |
|
Czech Republic |
$474.8 million |
2.1 |
Czech Republic |
$30.4 million |
0.41 |
|
Denmark |
$57,990 |
- |
Denmark |
$3.9 million |
0.05 |
|
Estonia |
$1.4 million |
0.1 |
Estonia |
$3.5 million |
0.06 |
|
Finland |
$281,300 |
- |
Finland |
$13.7 million |
0.18 |
|
France |
$46.1 million |
0.2 |
France |
$131.6 million |
1.76 |
|
Croatia |
$490.7 million |
2.17 |
Croatia |
$10.7 million |
0.14 |
|
Ireland |
$203.7 million |
0.9 |
Ireland |
$17.2 million |
0.23 |
|
Spain |
$433.5 million |
1.92 |
Spain |
$44 million |
0.59 |
|
Sweden |
$17.3 million |
0.08 |
Sweden |
$27.4 million |
0.37 |
|
Italy |
$10.9 billion |
48.31 |
Italy |
$172 million |
2.3 |
|
Cyprus |
$8.42 million |
0.04 |
Cyprus |
$1.4 million |
0.02 |
|
Latvia |
$12.6 million |
0.06 |
Latvia |
$11.2 million |
0.15 |
|
Lithuania |
$5 million |
0.02 |
Lithuania |
$12 million |
0.16 |
|
Luxembourg |
$25 million |
0.11 |
Luxembourg |
$3 million |
0.04 |
|
Hungary |
$743,830 |
- |
Hungary |
$23.7 million |
0.32 |
|
Malta |
$210,230 |
- |
Malta |
$52,700 |
- |
|
Netherlands |
$32.9 million |
0.15 |
Netherlands |
$52.9 million |
0.71 |
|
Poland |
$3.6 million |
0.02 |
Poland |
$59.1 million |
0.79 |
|
Portugal |
$428.1 million |
1.9 |
Portugal |
$7.9 million |
0.11 |
|
Romania |
$228.5 million |
1.01 |
Romania |
$39.6 million |
0.53 |
|
Slovakia |
$246.860 |
- |
Slovakia |
$26.4 million |
0.35 |
|
Slovenia |
$264,200 million |
- |
Slovenia |
$11.5 million |
0.15 |
|
Greece |
$659.7 million |
2.92 |
Greece |
$10.6 million |
0.14 |
|
Total |
$14.3 billion |
63.8 |
Total |
$1.15 billion |
15.47 |
In the reporting period, Azerbaijan's trade turnover with EU countries grew by $8.06 billion (2.07 times) on annual basis.
Azerbaijan's total foreign trade turnover increased by $12.36 billion (69.91 percent) from January through July 2022 compared to the same period last year, from $17.69 billion to $30.05 billion.
Exports, in the structure of foreign trade turnover, accounted for $22.5 billion, which is $11.17 billion (98.05 percent) more than in the first seven months of 2021. The share of exports in the foreign trade turnover amounted to 75.07 percent against 64.4 percent a year earlier.
Azerbaijan's imports increased by $1.19 billion (18.99 percent) in 7M2022, from $6.29 billion to $7.49 billion. The share of imports in the foreign trade turnover amounted to 24.93 percent against 35.59 percent in the same period of 2021.