Positive balance of Azerbaijan’s trade turnover with Italy increased by 24 %

Positive balance of Azerbaijan’s trade turnover with Italy increased by 24 %
  • Clock-gray 13:03
  • calendar-gray 19 March 2020

In January-February of the current year, the volume of trade turnover between Azerbaijan and Italy amounted to USD 1,576 bln., and this is 27,1 % more compared to the same period of previous year, according to the calculations of APA-Economics based on the report of State Statistics Committee.

In the first two months of the current year, the volume of Azerbaijan’s export to Italy amounted to USD 1,493 bln. and this is USD 0,305 bln. or 25,7 % more compared to the same period of 2019.

The volume of imports amounted to USD 83,055 mln. and this figure is  USD 30,832 mln. or 59 % more than compared to the same period of the last year.

As a result, a positive balance of USD 1,410 billion generated during the reporting period and this is 24,2 % more compared to the annual.

 

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