BAKU, Azerbaijan, Nov. 25
By Fidan Babayeva – Trend:
The foreign trade turnover of Azerbaijan’s Nakhchivan Autonomous Republic amounted to $386.8 million from January through October 2020, Trend reports on Nov. 25 with reference to the report of the State Statistics Committee of the Nakhchivan Autonomous Republic.
In accordance with the data, the volume of foreign trade turnover of the Nakhchivan Autonomous Republic is by 1.6 percent more than in the same period of last year.
Some $334.04 million accounted for export in the structure of foreign trade turnover, which demonstrates an annual growth of export by $0.9 million.
The share of export amounted to 86.5 percent of the volume of foreign trade turnover.
Import to the Nakhchivan Autonomous Republic amounted to $52.8 million from January through October 2020, which is by six percent more compared to the same period of last year.
The share of imports in the total trade turnover increased by 0.6 percentage points, up to 13.5 percent of the total volume.
The foreign trade balance remained positive, amounting to $281.2 million.
The volume of foreign trade operations of the Nakhchivan Autonomous Republic amounted to $380.8 million from January through October 2020.
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