BAKU, Azerbaijan, Feb.5
By Zeyni Jafarov - Trend:
Total export of Azerbaijani products to Turkey made up nearly $2.6 billion as of early January 2021, which is by 9.25 percent less than in the same period of 2020, Trend reports referring to the statistical bulletin of the Azerbaijani State Customs Committee.
Turkey's share in the total export of Azerbaijan amounted to 18.91 percent of the total volume versus 14.58 percent as of January 1, 2020.
Besides, by the early January of this year import of the Turkish products to Azerbaijan stood at over $1.5 billion, and Turkey's share in Azerbaijan's total import volume increased by 2.52 percent, up to 14.57 percent.
The volume of foreign trade operations in 2020 between the two countries exceeded $4.1 billion.
Thus, the balance of foreign trade turnover between Azerbaijan and Turkey remained positive over the reporting period, amounting to $1.03 billion.
In general, as of 2020, Azerbaijan's foreign trade turnover amounted to $24.47 billion. More than $13.7 billion or 56.15 percent accounted for export while the remaining $10.7 billion or 43.85 percent for import.
---
Follow the author on Twitter: @jafarov_zeyni