...

Share of electrical equipment in Azerbaijan’s total import increases

Business Materials 14 December 2020 17:44 (UTC +04:00)
Share of electrical equipment in Azerbaijan’s total import increases

BAKU, Azerbaijan, Dec. 14

By Zeyni Jafarov - Trend:

The export of electrical appliances and equipment for 10 months of 2020 amounted to $14.2 million in Azerbaijan, decreasing by 54 percent for the year, Trend reports with reference to the statistical bulletin of the Azerbaijani State Customs Committee.

The share of these products in Azerbaijan's total export decreased by 0.12 percent compared to 0.18 percent in the previous year.

Import of electrical appliances and equipment for the year also decreased by $15.8 million (two percent). So, the volume amounted to $773.6 million. The share of these products in total import of Azerbaijan amounted to 8.82 percent, having increased by 1.93 percentage points for the year.

The volume of foreign trade turnover of electrical appliances and equipment amounted to $787.8 million over 10 months of 2020, which is by four percent or $32.5 million less than in the same period of the previous year.

In general, Azerbaijan's foreign trade turnover amounted to more than $21 billion over 10 months of 2020, which is 25.7 percent less than in the same period of 2019. More than $12.2 billion or 58.25 percent of that volume accounted for export while the remaining $8.8 billion or 41.75 percent - for import.

---

Follow the author on Twitter: @jafarov_zeyni

Tags:
Latest

Latest