Azernews.Az

Azerbaijan's foreign trade turnover amounted to $19.38 billion in January-July 2012, or 5.94 percent less compared to the same period of 2011, according to the figures on the country's trade operations with 140 countries announced by the State Customs Committee.

Black ink worth $8.78 billion was formed in foreign trade transactions, the SCC said.

During the seven-month period 6,928 legal entities and private individuals were involved in foreign trade operations, with 3,245 of them being legal entities.

Export transactions amounted to $14.08 billion in the first seven months of 2012, 9.05 percent down compared to the same period of 2011.

The share of public sector in exports made up $13.31 billion (94.54 percent), while that of the private sector - $684 million (4.85 percent), and that of private individuals $84.1 million (0.59 percent).

Imports made up $5.299 billion, or 3.47 percent less compared to the same period of 2011.

The public sector's share in import operations amounted to $1.094 billion (20.64 percent), while the private sector accounted for $3.94 billion (74.48 percent), and natural entities $257.74 million (4.92 percent).

Azerbaijan exported 1,796 types of commodities and imported 5,694 types of goods in January-July.