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Black ink in foreign trade operations of Azerbaijan exceeds $12bln

Business Materials 27 November 2010 13:27 (UTC +04:00)

Azerbaijan, Baku, Nov. 27 / Trend A.Akhundov /

Azerbaijan's foreign trade turnover with 143 countries comprised $22.502 billion in January-October, the State Customs Committee reported. The black ink of import-export operations amounted to $12.228 billion.

In total 6,767 legal entities (3.322) and physical entities (3.445) participated in the foreign trade operations.

The amount of export increased by 50.2 ($5.803 billion) percent as compared to the same period of 2009 and comprised $17.365 billion.

The share of public sector in exports totaled $16.408 billion (94.49 percent), private - $0.878 billion (5.06 percent) and individuals - 78.932 million (0.45 percent).

During the report period, imports increased by 3.57 percent and totaled $5.136 billion. The share of public sector in import operations amounted to $1.259 billion (24.53 percent), the private sector - $3.607 billion (70.23 percent) and individuals - $269.278 million (5.24 percent).

In January-October, Azerbaijan exported 2,022 types of goods and imported 5,818.

The list of main foreign trade partners of Azerbaijan seems to be as:

Export

Countries  

Countries  

Cost (bln $)

Italy

5.503

31.69

France

1.667

9.6

Israel

1.456

8.39

U.S.

1.328

7.65

Indonesia

0.782

4.5

Ukraine

0.716

4.13

Croatia

0.684

3.94

Russia

0.592

3.41

Malaysia

0.578

3.33

Georgia

0.320

1.84

 Import

Countries  

Countries  

Cost (bln $)

Russia

0.872

16.98

Turkey

0.603

11.75

Germany

0.442

8.62

China

0.424

8.27

Ukraine

0.38

7.41

UK

0.243

4.75

Kazakhstan

0.23

4.49

US

0.171

3.34

Singapur  

0.167

3.26

Korea

0.133

2.59

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