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Azerbaijan’s import of products in 2020 down

Business Materials 18 January 2021 09:08
Azerbaijan’s import of products in 2020 down

BAKU, Azerbaijan, Jan. 18

By Fidan Babayeva - Trend:

Azerbaijan imported the products worth $10.7 billion in 2020, which is 21.1 percent less than in 2019, Trend reports citing a report from the Azerbaijani State Customs Committee.

The share of the public sector in import amounted to $1.8 billion, which is about 16.74 percent of the total volume. The share of the private sector is $7.9 billion or 73.84 percent of the total volume. Some $1.01 billion or 9.4 percent accounted for individuals.

Azerbaijan has carried out foreign trade operations with 183 partner countries. During the reporting period, Azerbaijan mainly imported mechanisms, power tools, equipment, and its spare parts, land vehicles (except for railway and trams), as well as their parts and accessories, ferrous metals, and ferrous products.

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