Azerbaijan's foreign trade turnover decreased by more than 26% last year

Azerbaijan's foreign trade turnover decreased by more than 26%  last year
  • Clock-gray 18:22
  • calendar-gray 15 January 2021

The volume of Azerbaijan’s foreign trade turnover has made up USD 24 471 287,9 thousand  in 2020 decreasing by 26,5% in comparison to 2019,  APA-Economics reports citing the State Customs Committee.

Azerbaijan has exported products in the amount of 13 740 567,63 thousand dollars to foreign countries in 2020,  while the volume of the import has made up 10 730 720,22 thousand dollars. As a result, the trade surplus amounted to $ 3,009,847.4 thousand.

Positive balance of Azerbaijan's foreign trade turnover has decreased by 49,6%, while the export and import have decreased appropriately 30% and 21,5% in 2020 in comparison to 2019.

Mirsaid İbrahimzade

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