BAKU, Azerbaijan, September 18. Azerbaijan's trade turnover with EU countries exceeded $18 billion, and its share in the total Azerbaijani foreign trade turnover amounted to 50.76 percent from January through August 2023, Trend reports.
In the reporting period, this figure decreased by 1.68 percent ($308 million) year-on-year.
Azerbaijan's trade turnover with the above countries, according to the data of the State Customs Committee of Azerbaijan:
|
From January through August 2023 |
||||
|
Country |
Export |
Share (%) |
Import |
Share (%) |
|
Germany |
$429.28 million |
2.69 |
$639.2 million |
31.09 |
|
Austria |
$152.8 million |
0.96 |
$63.47 million |
3.09 |
|
Belgium |
$19 million |
0.12 |
$50 million |
2.44 |
|
Bulgaria |
$26.8 million |
1.68 |
$19.2 million |
0.93 |
|
Czech Republic |
$53 million |
3.32 |
$55.8 million |
2.72 |
|
Denmark |
$263,330 |
- |
$25.1 million |
1.22 |
|
Estonia |
$4.59 million |
0.03 |
$3.9 million |
0.19 |
|
Finland |
$265,460 |
- |
$15.5 million |
0.76 |
|
France |
$127.6 million |
0.80 |
$341.9 million |
16.63 |
|
Croatia |
$355.4 million |
2.23 |
$3.25 million |
0.16 |
|
Ireland |
$368.2 million |
2.31 |
$20.1 million |
1.12 |
|
Spain |
$711.29 million |
4.45 |
$68.6 million |
3.70 |
|
Sweden |
$1 billion |
0.01 |
$33.9 million |
1.88 |
|
Italy |
$11.1 billion |
69.56 |
$251.6 million |
14.28 |
|
Cyprus |
$14.9 million |
0.09 |
$557,600 |
0.03 |
|
Latvia |
$30.2 million |
0.19 |
$13.6 million |
0.66 |
|
Lithuania |
$1.19 million |
0.01 |
$39.8 million |
1.94 |
|
Luxemburg |
$25.3 million |
0.16 |
$2.68 million |
0.13 |
|
Hungary |
$2.7 million |
0.02 |
$30.9 million |
1.51 |
|
Malta |
$33.8 million |
0.21 |
$93,870 |
0.00 |
|
Netherlands |
$16.8 million |
0.11 |
$83.05 million |
4.04 |
|
Poland |
$8.6 million |
0.05 |
$104.6 million |
5.09 |
|
Portugal |
$14.7 million |
0.93 |
$8.8 million |
0.43 |
|
Romania |
$467.79 million |
2.93 |
$39 million |
1.91 |
|
Slovakia |
$69,760 |
0.00 |
$46.9 million |
2.28 |
|
Slovenia |
$7.5 million |
0.05 |
$21.78 million |
1.06 |
|
Greece |
$1.1 billion |
7.10 |
$15.05 million |
0.73 |
|
Total |
$1.59 billion |
100 |
$2.05 billion |
100 |
Azerbaijan's foreign trade turnover increased by 1.12 percent ($392.19 million), from $35.1 billion to $35.5 billion, from January through August 2023 compared to the same period in 2022.
According to the State Customs Committee of Azerbaijan, out of the total foreign trade turnover, exports accounted for $24.3 billion, which is $1.89 billion (7.2 percent) less than the same period last year. The share of exports in foreign trade turnover totaled 68.59 percent, compared to 74.74 percent a year earlier.
Besides, Azerbaijan's imports in the reporting period grew by $2.28 billion (25.73 percent), from $8.8 billion to about $11.15 billion. The share of imports in foreign trade turnover amounted to 31.41 percent, compared to 25.26 percent a year earlier.
Thus, in the reporting period, the balance of foreign trade turnover, remaining positive, decreased by more than $4.17 billion (24.01 percent) on an annual basis, to $13.2 billion against $17.37 billion in the reporting period of 2022.