Azerbaijan increases import of cars two-fold
BAKU, Azerbaijan, May 26
By Eldar Janashvili – Trend:
Legal entities and individuals in Azerbaijan carried out trade operations with partners in 153 countries from January through March 2020, Trend reports with reference to the State Statistical Committee.
In particular, the products were exported to 91 countries and imported from 142 countries.
During the reporting period, the foreign trade turnover of Azerbaijan amounted to $6.7 billion. Of these, over $4 billion accounted for export and $2.6 billion - for imports. As a result, the positive trade balance amounted to $1.4 billion.
The foreign trade turnover slid by 16 percent, and real trade turnover - by 15.8 percent, including import - by 32.9 percent, export - by 4.8 percent.
At the same time, 87.2 percent of the foreign trade turnover fell on trade operations with Italy, Turkey, Russia, China, the US, Israel, Germany, India, Ukraine, Greece, the Czech Republic, Portugal, Georgia, Tunisia, Vietnam, Austria, Iran, and France.
In particular, 16.4 percent of the total value of imported products accounted for Russia, 14.8 percent - for Turkey, 13.4 percent - for China, 10.7 percent - for the US, 5.2 percent - for Germany, 4.5 percent - for Italy, 3.8 percent - for Ukraine, 3 percent - for Iran, 2.2 percent - for the UK, 1.8 percent - for Japan and Korea, 1.7 percent - for Turkmenistan, 1.5 percent - for France, 1.3 percent - for India, 1.1 percent - for Belarus and 16.8 percent - for other countries.
In 1Q2020, imports of fresh fruits increased by 14.6 percent, vegetable oils - by 3 percent, butter, other milk fats - by 49.4 percent, tea - by 25.5 percent , beef - by 9.8 percent, fresh vegetables - 1.7 times, cars - twice, medicines - 1.8 times, rolled steel - 1.7 times, pipes from ferrous metals – 1.3 percent, computers, blocks and devices - 1.6 times, rubber tires - 8.2 percent, trucks - 51.2 percent, furniture - 6.9 percent, polyethylene - by 4.1 percent, washing machines - by 26.8 percent, buses - by 50 percent, cement and cement clinkers - by 12.1 percent, household refrigerators - by 50.2 percent compared to the same period in 2019.
Meanwhile, wheat imports decreased by 59.2 percent, potatoes - by 3.8 percent, poultry - by 27 percent, raw sugar and sugar - by 75.2 percent, cigarettes - by 79.8 percent, mineral fertilizers - by 25.3 percent, household air conditioners - 56 percent.
At the same time, from January through March of this year 14,417 cars, 972 trucks and 66 buses were imported into the country.
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