Azerbaijan records downward trend in imports

Azerbaijan, Baku, April 17 / Trend U.Ismayilova /

The Azerbaijani State Customs Committee (SCC) announced the results of foreign trade with 112 countries of the world in January-March, the State Customs Committee said today. The total trade turnover of the country amounted to $5,668 billion. The red ink amounted to more than $3,351 billion in foreign-trade operations.

In total, 3,393 legal and physical entities participated in the foreign trade operations in January-March. About 2,149 of which are legal entities and 1,244 - physical entities.

In the first quarter of 2010, Azerbaijan increased the export of goods by 81.65 percent or $2,027 billion and amounted to $4,509 billion compared to the same period of 2009. The share of public sector in export made up $4,197bln (93.08 %), private sector held $300,798mln (6.67 %). The share of export operations by physical entities comprised $11,372mln (about 0.25 %). 

During the report period, Azerbaijan decreased the import of goods by 12.6 percent or $166,969 million and amounted to $1,158 billion compared to the same period of 2009. The share of public sector in import made up $325.3 mln (28.08 %), private sector held $761,999mln (65.78 %). The share of export operations by physical entities comprised $71.1 mln (about 6.14 %). 

During this period, the country exported 995 types and imported 4,050types of commodities.  

List of major foreign trade partners of Azerbaijan:

Export

Import