BAKU, Azerbaijan, Dec. 7
The value of Azerbaijani exports to Turkmenistan increased from January through October 2021, Trend reports citing the State Customs Committee (SCC) of Azerbaijan.
According to the SCC, this figure totaled $27.9 million, which is two times more than in the first 10 months of 2020 ($13.9 million).
In October this year, Azerbaijan exported goods worth $812,800 to Turkmenistan.
At the same time, imports from Turkmenistan in the first 10 months of 2021 declined by 60.7 percent compared to the same period of last year ($70.2 million) - to $27.5 million, the committee said.
Totally, Azerbaijan's foreign trade turnover exceeded $26.1 billion. Of these, over $16.8 billion (64.56 percent) accounted for exports, and more than $9.3 billion (35.44 percent) - imports.
The balance of foreign trade turnover of Azerbaijan, remaining positive, increased by 2.2 times on annual basis - up to 7.5 billion manat ($4.4 billion), while in 10M2020, the foreign trade surplus amounted to over $3.4 billion.