Azerbaijan's negative trade balance with China sharply decreased

Azerbaijan's negative trade balance with China sharply decreased
  • Clock-gray 12:41
  • calendar-gray 29 March 2021

Volume of trade turnover between Azerbaijan and China has made up USD 316,922 mln in January-February of this year, and this is 3,7% less than in comparison the the same period of 2020, APA-Economics reports citing the figures of State Customs Committee.

In the reporting period, a volume of the export has made up 113,128 mln dollars, and this is 70,6% more in annual comparison. While the import has been equal to 203 794 mln dollars, and this is 22,4% less in annual comparison.

As a result, 90 665 mln dollars of negative trade balance has made up in the first two months of 2021, and this is 2,2 times less in annual comparison.

Mirsaid İbrahimzade

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