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Top 5 import, export destinations of Azerbaijan

Business Materials 16 July 2019 14:47 (UTC +04:00)

Baku, Azerbaijan, June 16

By Kheyraddin Nasirzade - Trend:

In January-June 2019, foreign trade operations of Azerbaijan increased by 27.6 percent compared to the same period of 2018, and reached $16.994 billion, Trend reports referring to the State Customs Committee of Azerbaijan.

Exports increased by 15.2 percent and reached $9.979 billion, compared to the same period of 2018. Most of all, Azerbaijan exported products to Italy, Turkey, China, India and Germany.

Top 5 export destinations of Azerbaijani products:

Countries

January-June 2019

January-June 2018

Value ($1,000)

Share in total exports (%)

Value ($1,000)

Share in total exports (%)

Italy

2,805,906.05

28.12

1,908,551.75

22.03

Turkey

1,233,813.84

12.36

652,446.25

7.53

China

684,516.92

6.86

-

-

India

626,268.44

6.28

381,041.62

4.40

Germany

568,122.01

5.69

325,696.08

3.76

The volume of imports compared to the same period of 2018 increased by 50.5 percent and amounted to $7.015 billion. Most of all, Azerbaijan imported products from Switzerland, Russia, Turkey, China and the US.

Top 5 countries which Azerbaijan imported goods from:

Countries

January-June 2019

January-June 2018

Value ($1,000)

Share in total imports (%)

Value ($1,000)

Share in total imports (%)

Switzerland

1,009,053.55

14.38

-

-

Russia

1,004,069.50

14.31

788,210.07

16.91

Turkey

677,400.56

9.66

761,388.98

16.34

China

592,562.94

8.45

483,297.27

10.37

US

411,863.19

5.87

221,420.57

4.75

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Follow the author on Twitter: @1nasirzade

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