Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Friday March 5 2021
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

Azerbaijan's trade turnover with Saudi Arabia up in Jan-July

28 August 2020 16:33 (UTC+04:00)
1 975

By Ayya Lmahamad

Azerbaijan increased the volume of trade turnover with Saudi Arabia in January-July 2020, local media reported with the reference to State Customs Committee on August 27.

According to the statement, Azerbaijan’s trade turnover with Saudi Arabia during the reporting period amounted to $7.1 million. Meanwhile, trade turnover with Iran amounted to $179.2 million, and with the United Arab Emirates $22.6 million.

Thus, Iran, the United Arab Emirates and Saudi Arabia were among the three leading countries of the Persian Gulf with which Azerbaijan conducted the most trade operations.

It should be noted that the trade turnover with Iran and the United Arab Emirates decreased in comparison to the same period last year, while with Saudi Arabia increased.

Moreover, these countries were also top three leaders in terms of Azerbaijani import. Thus, import from Iran amounted to $158.4 million, from the United Arab Emirates to $16.2 million, and from Saudi Arabia to $6 million.

Likewise, Iran, the United Arab Emirates and Qatar are accounted for the largest volume of export from Azerbaijan, during the first seven months of the year.

Thus, export to Iran amounted to $20.7 million, to the United Arab Emirates to $6.3 million and to Qatar amounted to $1.1 million. It should be noted that there was a decrease in terms of export volumes with Iran and the United Arab Emirates, and increase with Qatar.

Earlier it was reported that, Azerbaijan’s top trade partners among Organization of Islamic Cooperation were Turkey, Iran and Tunisia. Thus, the trade turnover with Turkey amounted to $2.5 billion, with Iran to $179.2 million and with Tunisia to $174.9 million in January-July 2020.

Furthermore, Russia was the leader among Azerbaijan’s trade partners among the CIS countries as well as the country’s third largest trade partner with the volume of trade turnover between the two countries reaching $1.5.

Additionally, Spain, Mexico and Ecuador were the top three countries with which Azerbaijan conducted the most trade transactions from among Spanish-speaking countries. Thus,  the trade turnover with Ecuador amounted to $24.8 million, Spain amounted to $262.6 million, while with Mexico to $34.5 million.

The volume of Azerbaijan’s foreign trade turnover amounted to $15 billion in the period between January and July 2020.

---

Follow us on Twitter @AzerNewsAz  

  • #AZERBAIJAN'S STATE CUSTOMS COMMITTEE (SCC)
  • #UNITED ARAB EMIRATES (UAE)
  • #QATAR
  • #TRADE TURNOVER
  • #SAUDI ARABIA
  • #IRAN

Related News

Iran interested in rapid revival of liberated territories of Azerbaijan – Iranian Ambassador

Iran interested in rapid revival of liberated territories of Azerbaijan – Iranian Ambassador

2 March 11:17
Iran's Qom Seminary stands behind Azerbaijan regarding Karabakh

Iran's Qom Seminary stands behind Azerbaijan regarding Karabakh

1 March 16:14
Iran, Russia emphasize need to coop. in agricultural sector

Iran, Russia emphasize need to coop. in agricultural sector

27 February 17:10
Iranian parliament shares grief of relatives of victims of Khojaly tragedy

Iranian parliament shares grief of relatives of victims of Khojaly tragedy

25 February 15:45
Azerbaijan boosts potato exports in 2020

Azerbaijan boosts potato exports in 2020

23 February 17:18
Azerbaijani defence industry minister, UAE deputy PM mull military-technical co-op

Azerbaijani defence industry minister, UAE deputy PM mull military-technical co-op

22 February 11:59
Iran-Azerbaijan railway lines and border opportunities should be activated - Zarif

Iran-Azerbaijan railway lines and border opportunities should be activated - Zarif

18 February 18:12
Iranian Parliamentary delegation arrives in Nakhchivan

Iranian Parliamentary delegation arrives in Nakhchivan

18 February 11:37
Iran's foreign trade exceeds $6.7 billion

Iran's foreign trade exceeds $6.7 billion

17 February 10:39
Great opportunities created for economic cooperation between Azerbaijan and Iran - Iranian official

Great opportunities created for economic cooperation between Azerbaijan and Iran - Iranian official

16 February 20:10
  • Latest
  • Popular
11:00 • Azerbaijan extends condolences to Turkey over deadly helicopter crash
10:45 • Azerbaijan doing everything to create new transport infrastructure in South Caucasus – Russian analyst
10:15 • Azerbaijan shows footage from Zangilan`s Kechikli village [VIDEO]
10:00 • Azerbaijani-Iranian talks underway to open joint customs checkpoint
09:07 • President Aliyev gives speech at virtual Summit of Economic Cooperation Organization [PHOTO]
4 March 19:25 • Ensuring security in Karabakh our top priority - Turkish president
4 March 19:13 • Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels
4 March 19:00 • Prices for precious metals in Azerbaijan decline
4 March 18:44 • EU invests in micro-entrepreneurship dev't in Azerbaijani districts
4 March 18:28 • Azerbaijani State Customs Committee chairman names most-imported products for 2020
4 March 18:13 • Azerbaijan, Israel mull energy cooperation
4 March 18:10 • Several mines produced by Armenia found in Azerbaijan’s Aghdam district - Trend TV reports [PHOTO/VIDEO]
4 March 18:00 • Buta Airways to launch ticket sales for Baku-Istanbul-Baku Flights
4 March 17:55 • Azerbaijan, Ukraine trade turnover up in January
4 March 17:44 • Azerbaijan, Pakistan discuss military cooperation, joint drills [PHOTO/VIDEO]
4 March 17:27 • South wind expected on Friday
4 March 17:08 • Azerbaijan, Italy mull fulfilment of Karabakh peace deal
4 March 17:00 • Azerbaijan, Turkey to hold joint military exercises [PHOTO]
4 March 16:54 • Country registers 314 new COVID-19 cases
4 March 16:50 • Venezuela always supported Azerbaijan’s territorial integrity - Ambassador
4 March 12:25 • President Aliyev: Azerbaijan supports Pakistan on all issues, including Kashmir [UPDATE]
4 March 19:13 • Azerbaijan expects creating new broadcasting opportunities for Internet TV, radio channels
4 March 11:15 • Russia lifts ban on tomatoes, apples import from 27 Azerbaijani enterprises
4 March 17:44 • Azerbaijan, Pakistan discuss military cooperation, joint drills [PHOTO/VIDEO]
4 March 18:44 • EU invests in micro-entrepreneurship dev't in Azerbaijani districts
4 March 11:35 • No way sabotage-terrorist group members can be considered POWs - Azerbaijani MFA
4 March 16:42 • UN must urge Armenia to provide maps of minefields in Azerbaijan's liberated lands
4 March 13:00 • SOFAZ's revenues from oil, gas fields hit $578m in Jan-Feb
4 March 12:14 • Culture Minister meets with art figures in Istanbul [PHOTO]
4 March 12:00 • Police seize Armenian air defence systems in liberated Fuzuli [PHOTO/VIDEO]
4 March 18:13 • Azerbaijan, Israel mull energy cooperation
4 March 19:00 • Prices for precious metals in Azerbaijan decline
4 March 17:55 • Azerbaijan, Ukraine trade turnover up in January
4 March 18:10 • Several mines produced by Armenia found in Azerbaijan’s Aghdam district - Trend TV reports [PHOTO/VIDEO]
4 March 17:00 • Azerbaijan, Turkey to hold joint military exercises [PHOTO]
4 March 13:15 • Azerbaijan, Venezuela discuss opportunities for co-op development
4 March 18:00 • Buta Airways to launch ticket sales for Baku-Istanbul-Baku Flights
4 March 13:44 • Azerbaijan raises average monthly pensions by 10 pct
4 March 18:28 • Azerbaijani State Customs Committee chairman names most-imported products for 2020
4 March 14:46 • Nakhchivan garrison troops hold command drills [PHOTO/VIDEO]
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved