BAKU, Azerbaijan, March 27
By Fidan Babayeva - Trend:
Azerbaijan exported aluminum and aluminum products worth $27.7 million from January through February 2021, which is by 1.8 times more than in the same period of last year, Trend reports on March 27 with reference to the statistics bulletin of the Azerbaijani State Customs Committee.
The share of these products in a total export volume of Azerbaijan reached 0.99 percent (compared to 0.48 percent from January through February 2020).
During the reporting period, the import of aluminum and aluminum products by Azerbaijan decreased by 25 percent or $4.3 million, up to $12.6 million.
The share of these products in the total import volume of Azerbaijan amounted to 0.78 percent, having increased by 0.17 percent for the year.
Azerbaijan's foreign trade turnover from January through February reached about $4.4 billion, which is by 12.6 percent less than in the same period of 2020.
Some $2.8 billion accounted for export in the structure of foreign trade turnover, which is by 14.2 percent less than in the same period of last year.
The share of export in foreign trade turnover for the year decreased by 1.16 percent up to 63.36 percent.
The balance of foreign trade turnover on an annualized basis decreased by 19.6 percent, remaining positive and amounted to $1.2 billion.
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