Azerbaijan’s trade deficit with USA slightly decreases

Azerbaijan’s trade deficit with USA slightly decreases
  • Clock-gray 11:31
  • calendar-gray 23 July 2020

Trade turnover between Azerbaijan and the USA during January-June of 2020 dropped by 1.5% to $ 414.61 million compared to the same period in 2019, APA reports.

Within the first half of 2019 Azerbaijan’s exports to the USA fell by $ 696.42 or 7.7% on an annual basis and amounted to $ 8.33 million while the country’s imports from the USA decreased by $ 5.58 million or 1.4% and equaled to $ 406.28 million.

As a result, Azerbaijan’s trade deficit with the USA made up $ 397.95 million, which is $ 4.88 million or 1.2% less than in the reporting period in 2019.

Mirsaid İbrahimzade

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