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Azerbaijan’s foreign trade grows

Business Materials 17 December 2019 16:39 (UTC +04:00)
Azerbaijan’s foreign trade grows

BAKU, Azerbaijan, Dec. 18

By Anastasia Savchenko - Trend:

Azerbaijan’s foreign trade turnover totaled $30.6 billion from January through November 2019, which is 8.7 percent more compared to the figure in the period from January through November 2018, Trend reports referring to the monthly report of the country’s State Customs Committee.

In the foreign trade turnover, exports amounted to $18.3 billion, which is 2.1 percent more compared to the same period last year.

Nevertheless, the share of exports decreased by 3.8 percent to 59.7 percent of the volume of foreign trade turnover.

Imports to Azerbaijan from January through November 2019 amounted to $12.3 billion, having increased significantly by 20.2 percent compared to the same period last year.

The share of imports in the total turnover increased by 3.8 percent up to 40.3 percent of the total turnover.

The balance in foreign trade turnover decreased by 28.8 percent, but remained positive and amounted to $5.9 billion.

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