BAKU, Azerbaijan, June 23
By Fidan Babayeva - Trend:
The trade turnover between Azerbaijan and the US reached $222.4 million from January through May 2021, which is by 39.2 percent less than in the same period of last year, Trend reports with reference to the Azerbaijani State Customs Committee.
Azerbaijani export volume to the US during the reporting period reached $29.5 million (increase of 3.8 times) while import volume from the US - $192.9 million (46 percent decrease).
Azerbaijan exported non-oil products worth $29.5 million to the US from January through May 2021.
According to the State Customs Committee, the share of export of non-oil products to the US reached 3.2 percent of the total Azerbaijani export volume of non-oil products.
In general, export of Azerbaijani non-oil products reached $907.5 million from January through May 2021.
Azerbaijan's foreign trade turnover reached $24.5 billion in 2020, which is by 26.5 percent less than in 2019.
In the structure of foreign trade turnover, $13.7 billion accounted for the export, which is by 30 percent less per annum. The share of export in foreign trade turnover for the year decreased by 2.81 percent up to 56.15 percent.
Azerbaijani import volume reached $10.7 billion, having decreased by 21.5 percent compared to 2019. The share of import in foreign trade turnover increased by 2.81 percent up to 43.85 percent.
(1 USD = 1.7 AZN on June 23)
----
Follow the author on Twitter: Fidan_Babaeva