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Azerbaijan discloses turnover of mutual transport services

Transport Materials 12 December 2021 10:18 (UTC +04:00)
Azerbaijan discloses turnover of mutual transport services

BAKU, Azerbaijan, Dec. 12

By Nazrin Israfilova - Trend:

The turnover of mutual transport services increased by 144.8 percent in Azerbaijan from January through September 2021 compared to the same period of last year and amounted to $2.8 billion, Trend reports citing the Central Bank of Azerbaijan (CBA).

According to the CBA, the cost of transport services rendered in Azerbaijan by residents to non-residents in the reporting period amounted to $1.7 billion. The cost of transport services rendered by non-residents to residents has reached $1.1 billion.

During the reporting period, import of transport services ($1.1 billion) was less than the export ($1.7 billion), resulting in a deficit of $564.2 million.

(1 USD = 1.7 AZN on Dec. 12)

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