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Azerbaijan’s import of Ukrainian-made products down

Business Materials 20 September 2020 11:46 (UTC +04:00)
Azerbaijan’s import of Ukrainian-made products down

BAKU, Azerbaijan, Sept. 20

By Fidan Babayeva - Trend:

The share of Ukraine in the total import of Azerbaijan increased from 3.2 percent to 4.18 percent of the total volume from January through August 2020, Trend reports citing the statistical bulletin of the Azerbaijani State Customs Committee.

The export of products from Ukraine to Azerbaijan decreased by 6.8 percent, amounting to $279.5 million.

From January through August 2020, the export of Azerbaijani products to Ukraine countries remained almost unchanged compared to the same period of 2019.

According to the committee, the export of Azerbaijani products to Ukraine for the first eight months of this year amounted to $276.3 million, while a year-earlier - $276.4 million.

The share of Ukraine in the total export of Azerbaijan increased from 2.04 to 2.8 percent of the total volume.

The volume of foreign trade operations between Azerbaijan and Ukraine amounted to $555.8 million from January through August 2020, which is 3.5 percent less than in the same period of last year.

Azerbaijan's foreign trade turnover amounted to $16.6 billion from January through August 2020, which is 27.6 percent less than in the same period of 2019.

The balance of foreign trade turnover on an annualized basis decreased by 22.9 percent, but nevertheless remained positive, amounting to $3.2 billion.

(1 USD = 1.7 AZN on Sept. 19)

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