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Azerbaijan’s import of goods from Italy down

Business Materials 13 May 2021 16:48 (UTC +04:00)
Azerbaijan’s import of goods from Italy down

BAKU, Azerbaijan, May 13

By Fidan Babayeva - Trend:

Azerbaijan’s import of goods from Italy decreased by 32.4 percent from $119.4 million to $80.62 million from January through March 2021 compared to the same period of last year, Trend reports with reference to the statistics bulletin of the Azerbaijani State Customs Committee.

The share of Italy in total import volume of Azerbaijan amounted to 3.2 percent from January through March 2021 compared to 4.5 percent from January through March 2020.

During the reporting period, the export volume from Azerbaijan to Italy amounted to $1.5 billion, while a year earlier this figure was at the level of $1.8 billion.

The share of Italy in the total export volume of Azerbaijan decreased from 35.5 percent to 43.4 percent.

The volume of foreign trade operations between Azerbaijan and Italy amounted to $1.5 billion, which is by 20 percent less than in the same period of last year.

Thus, the balance of foreign trade turnover between Azerbaijan and Italy remained positive in the reporting period, amounting to $1.3 billion.

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Follow the author on Twitter: @Fidan_Babaeva

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