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CIS accounts for nearly a quarter of Azerbaijan’s imports

Business Materials 18 January 2013 16:23 (UTC +04:00)
In 2012, 24.6% of goods imported to Azerbaijan, were produced in CIS countries.

Azerbaijan, Baku, Jan. 18 / Trend A. Akhundov /

In 2012, 24.6% of goods imported to Azerbaijan, were produced in CIS countries.

This was stated at a press conference on the results of last year by the Chairman of the Azerbaijani State Statistics Committee, Arif Veliyev.

"According to the State Customs Committee, in 2012, Azerbaijan imported products worth $8.4 billion, of which, products produced in CIS countries were worth $2.1 billion (24.6% of imports). Products worth $6.3 billion (75.4%) were imported from foreign countries", Veliyev said.

According to him, on the whole, Azerbaijan's trade turnover during 2012 amounted to $30.5 billion and its trade surplus amounted to $13.7 billion. In 2012, Azerbaijan mainly conducted trade with foreign countries (89.6% of turnover).

"Last year, Azerbaijan exported 22.1 billion manat worth of goods, of which $21 billion worth (95% of exports) were exported to far abroad countries. In 2012, the export of tea, eggs, sugar, pasta, canned fruit and vegetables, natural gas and other products increased", Veliyev said.

Last year, Azerbaijan maintained extensive trade relations with Italy, the U.S., Russia, Turkey, Israel, France, Indonesia, India, Germany, Bulgaria, Ukraine, Malaysia and other countries, he further stated.

In January-November 2012, Azerbaijan received humanitarian and technical assistance amounting to $31.5 million.

"Given data provided by SOCAR (State Oil Company of Azerbaijan) and the AIOC (Azerbaijan International Operating Company), in January-November 2012, foreign trade turnover totaled $39.5 billion, including exports that totaled $31.1 billion and an export surplus of $22.6 billion. Trade turnover shrank by 6.4% compared to the same period last year, but exports of non-oil products grew by 11.2%", Veliyev said.

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