BAKU, Azerbaijan, Sept. 28
By Sadraddin Aghjayev - Trend:
Azerbaijan exported over 534 million tons of oil to the UK from January through August 2021, Trend reports citing the Azerbaijani State Customs Committee (SCC).
According to the committee, in value terms, oil exports from Azerbaijan to the UK amounted to $263.8 million.
The share of the UK in Azerbaijan's oil exports amounted to 2.84 percent, and in the total value of raw materials exports - 3.1 percent.
Azerbaijan exported over 18.7 million tons of oil to foreign countries in the reporting period, which is by nearly two million tons or 9.5 percent less on annual basis.
Meanwhile, the total value of Azerbaijan’s oil export abroad was almost $8.5 billion, up by $1.7 billion or 25.1 percent compared to the first eight months of 2020.
Some $12.9 billion accounted for export in the structure of Azerbaijan’s foreign trade turnover during the reporting period, which is by $3 billion (30.9 percent) more than in the same period of 2020. The share of export reached 63.77 percent against 59.62 percent a year earlier.
Meanwhile, Azerbaijan's imports exceeded $7.3 billion, increasing by $659 million or 9.8 percent compared to the same period of 2020. The share of import in the foreign trade turnover amounted to 36.23 percent.
The balance of foreign trade turnover on annual basis increased by almost $2.4 billion (42.8 percent), and, remaining positive, amounted to $5.5 billion, added the SCC.
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