Azerbaijan’s foreign trade turnover increased by about 8% last year

Azerbaijan’s foreign trade turnover increased by about 8% last year
  • Clock-gray 10:43
  • calendar-gray 14 January 2020

The foreign trade turnover of Azerbaijan in 2019 increasing by 7.7% in comparison with the corresponding period of 2018 and amounted to USD 33 302,82 mln., according to the calculations of APA-Economics, conducted on the bases of the report of the State Customs Committee.

In 2019, Azerbaijan exported products to foreign countries worth USD 19 635,58 mln., while the value of the import was USD 13 667,24 mln., as a result, a positive trade surplus of USD 5 968,34 mln. has appeared.

In 2019 positive balance of foreign trade turnover of Azerbaijan decreased by more than 25% in comparison with January-December of 2018, while export increased by 0.9 percent and imports by 19.2 percent.

Mirsaid İbrahimzade

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