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2M2021 spending of Azerbaijan's Nakhchivan on imports grows

Business Materials 15 March 2021 10:37 (UTC +04:00)
2M2021 spending of Azerbaijan's Nakhchivan on imports grows

BAKU, Azerbaijan, Mar. 15

By Fidan Babayeva - Trend:

The retail trade turnover of Azerbaijan’s Nakhchivan Autonomous Republic amounted to 196.9 million manat ($115.8 million) from January through February 2021, having decreased by 2.2 percent compared to the same period of last year, Trend reports referring to the monthly report of Nakhchivan’s State Statistical Committee.

In the reporting period, the foreign trade turnover of Nakhchivan made up $56.28 million, which is a 10 percent growth year on year.

As reported, in the structure of foreign trade turnover, exports made up $37.4 million, having annually grown by 0.8 percent. At the same time, imports of the autonomous republic amounted to $18.93 million, which is 34.2 percent less than in 2M2020.

(1 USD = 1.7 AZN on Mar. 15)

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Follow the author on Twitter: @Fidan_Babaeva

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