Azerbaijan’s positive trade turnover balance up 20 percent
(APA, August 13) – Azerbaijan conducted $14.7-billion import-export operations with 138 countries in January-July, increasing its trade turnover by 9.3%, as compared to the same period of the last year.
The State Statistics Committee told APA that 83% or $14.5 billion of commodity exchanges were conducted with foreign countries, a rise of 6.1%. The volume of trade operations with the CIS countries made up $2.9 billion, up 32.7% as compared to the last year.
Cost of exported goods was reduced by 3.3%, making $13.1 billion. 86.6% or $11.4 billion of goods were exported to foreign countries, including 13.2% - to the CIS countries. Cost of commodities sent abroad reduced 7.7%, but the commodities sent to the CIS countries increased by 36.1%.
In comparison with the same period of last year, the cost of the imported goods totaled $4.3 billion, up by 47.1%. Imports from CIS countries made up 28.5% or $1.2-billion of the amount.
A positive balance in the country’s trade turnover in the first six months of this year totaled $8.8-billion, which is up by 20.5% as compared to the similar period of the last year.
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