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Azerbaijan's exports exceed imports by 3.4 times

Business Materials 18 January 2011 17:16
As a result of 11 months of 2010, physical and legal entities registered in Azerbaijan have carried out export-import operations with 145 countries in the amount of $25.1 billion, the State Statistics Committee said.
Azerbaijan's exports exceed imports by 3.4 times

Azerbaijan, Baku, Jan.18 / Trend N. Ismayilova /

As a result of 11 months of 2010, physical and legal entities registered in Azerbaijan have carried out export-import operations with 145 countries in the amount of $25.1 billion, the State Statistics Committee said.

Some 77.3 percent or $19.4 billion of the total foreign trade turnover fall to Azerbaijan's exports, and 22.7 percent, or $5.7 billion - imports.

Total trade volume increased by 34.9 percent, including exports by 47.4 percent, imports - by 4.8 percent compared to January-November 2009.

During the reporting period, exports exceeded imports by 3.4 times, as a result of which a black ink worth $ 13.7 billion was formed. Three fourth of foreign trade operations fall to countries such as Italy, France, Israel, Russia, USA, Ukraine, Turkey, China, Croatia, Indonesia, Malaysia and Germany.

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