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Foreign trade tops $2.1bn in two months

23 April 2008 21:01 (UTC+04:00)
Foreign trade tops $2.1bn in two months
Azerbaijan carried out foreign trade transactions to the tune of $2.132 billion in January-February, the state statistics body said.
$1.198bn, or 56.2 per cent of the foreign trade turnover, was made up by exports, while $934.3 million, or 43.8 per cent - by imports. Thus, the trade turnover marked a positive balance of about $264m, the State Statistics Committee chairman Arif Valiyev told the press Friday.
The country conducted trade with 107 countries in this period.
The turnover rose 60.3 per cent compared to January-February 2007. Exports more than doubled, while imports increased 19.8 per cent.
21.9 per cent of the import and export transactions were carried out with the European Union, while 25.3 per cent - with other CIS states.
41.6 per cent of the overall trade was conducted with Europe, while 38 per cent - with Asia, 20 per cent with the Americas, and less than one per cent with African states.
82 per cent of foreign trade transactions were carried out with the United States, Russia, Israel, Turkey, Ukraine, India, Italy, Chili, Iran, Romania, Germany, Kazakhstan, the UK, Georgia and China.

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