BAKU, Azerbaijan, Oct. 26
By Fidan Babayeva - Trend:
The export of products from Azerbaijan to Kazakhstan in the first nine months of 2020 increased by 5 percent from $18.95 million to $19.92 million, compared to the same period of 2019, Trend reports citing the statistical bulletin of the State Customs Committee (SCC) of Azerbaijan.
The share of Kazakhstan in the total export of Azerbaijan amounted to 0.2 percent of the total export, while a year earlier - 0.13 percent.
From January through September 2020, imports from Kazakhstan to Azerbaijan amounted to $57.1 million, while a year earlier this figure was $163.8 million. Thus, the share of Kazakhstan in the total imports of Azerbaijan decreased from 1.58 to 0.53 percent.
Azerbaijan's overall foreign trade turnover for 9M2020 amounted to $18.4 billion, having decreased by 27.1 percent year on year.
The balance of foreign trade turnover on an annualized basis decreased by 38.6 percent, but remained positive, amounting to $2.75 billion.
Currently, Russia remains the main sales market for Azerbaijani oil and agricultural products among the CIS countries.
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