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Azerbaijan’s trade turnover exceeds $17 bln for six months

Business Materials 19 July 2012 12:13 (UTC +04:00)

Azerbaijan, Baku, July 19 / Trend A.Akhundov /

The Azerbaijani State Customs Committee (SCC) announced results of foreign trade operations with 135 countries in Jan.-June 2012, the State Committee told Trend today.

The country's total trade turnover amounted to $17.17 billion, or 1.4 percent less compared to the same period of 2011.

Black ink worth $8.25 billion was formed in foreign-trade operations.

During this period 6,246 legal and physical entities were involved in the foreign-trade operations, 3,069 of them were legal entities, while 3,177 physical entities.

Export operations amounted to $12.71 billion for the first six months of 2012 or 2.9 percent less compared to the same period of 2011.

Share of public sector in export amounted to $12.06 billion (94.89 percent), private sector - $577.89 million (4.55 percent), share of physical entities - $73.73 million (0.58 percent).

As of the first six months, import hit $4.46 million or 3.14 percent more compared to the same period of 2011.

Share of public sector in import operations amounted to $901.62 million (20.22 percent), private sector - $2.71 billion (74.66 percent), physical entities - $227.94 million (5.11 percent).

Azerbaijan exported 1,714 types of commodities and imported 5,548 types in Jan.-June.

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