BAKU, Azerbaijan, Feb.28
By Eldar Janashvili – Trend:
The trade turnover between Azerbaijan and Russia amounted to $167 million in January 2020, Trend reports referring to the report of Azerbaijan’s State Customs Committee.
According to the report, this amount remained almost unchanged in January 2020, decreasing by 1.4 percent compared to January 2019.
In the structure of trade turnover, the volume of exports from Azerbaijan to Russia amounted to $50 million, which is 2.5 percent or $1.2 million more compared to the same month of 2019.
In turn, the volume of imports amounted to $117 million, which is the highest indicator in the import portfolio of Azerbaijan with a 16.25 percent share of all imports.
In January 2020, the volume of imports dropped by 3 percent or by $3.6 million compared to January 2019.
Accordingly, the negative balance also dropped by 6.7 percent, amounting to almost 67 million manat ($39.4 million).
(1 USD – 1.7 AZN on Feb. 28)
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