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Azerbaijani ferry delivers modern equipment to Turkmenistan

Business Materials 13 May 2021 12:23 (UTC +04:00)
Azerbaijani ferry delivers modern equipment to Turkmenistan

BAKU, Azerbaijan, May 13

By Jeila Aliyeva - Trend:

Modern equipment has been delivered from Azerbaijan to Turkmenistan, Trend reports, citing the State News Agency of Turkmenistan.

The equipment was delivered to the Turkmenbashi International Seaport of Turkmenistan by the Azerbaijan ferry, which has a carrying capacity of 5,540 tons.

The volume of annual cargo transportation by sea is growing in Turkmenistan, as well as the number of foreign vessels entering the harbor.

Trade turnover between Azerbaijan and Turkmenistan in the first two months of 2021 amounted to over $5 million.

According to the bulletin, for the reporting period the value of export of Azerbaijani goods to Turkmenistan exceeded $4.7 million, surging by 67 percent compared to 2M2020.

As reported, the share of Turkmenistan in Azerbaijan's total export grew from 0.09 to 0.17 percent year on year.

In turn, imports from Turkmenistan to Azerbaijan made up $355,000, while the share of Turkmenistan in Azerbaijan’s total import – 0.02 percent.

The balance of foreign trade turnover between the countries from January through February of this year remained positive, amounting to $4.38 billion.

Azerbaijan's foreign trade turnover in the first 2 months of 2021 amounted to about $4.4 billion, which is 12.6 percent less compared to the same period of 2020.

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Follow the author on Twitter: @JeilaAliyeva

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