Azerbaijan increases import from Great Britain

Azerbaijan increases import from Great Britain
  • Clock-gray 11:35
  • calendar-gray 22 June 2020

In January-May of this year, the volume of the trade exchange between Azerbaijan and Great Britain has been USD 116.4 mln., which is 2.4 times less in comparison with the same period of the previous year, according to the calculations of APA-Economics on the basis of the report of the State Customs Committee.

In the first five months of 2020, the volume of the export from Azerbaijan to Great Britain has been USD 8.1 mln. and it is USD 175.4 mln. or 22.6 times less in comparison with the analogical period of the last year.

The volume of the import has been USD 108.3 mln., which is USD 10.2 mln. or 10.4% more as compared to the same period of 2019.

As a result, in the reporting period, a negative balance of USD 100.2 mln. has appeared and it means a difference of USD 185.6 mln. in annual comparison. In the same period of the previous year, the balance was positive and amounted to USD 85.4 mln.

Mirsaid İbrahimzade

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