Azerbaijan's trade turnover with CIS countries decreased by 12%

Azerbaijan's trade turnover with CIS countries decreased by 12%
  • Clock-gray 19:25
  • calendar-gray 28 December 2020

The volume of Azerbaijan’s trade turnover with CIS countries has fallen to USD 3,685 bln decreasing by 11,8% in January-November of this year in comparison to the same period of the previous year, APA reports citing a report published by the State Customs Committee.

According to the calculations, in this period, the volume of the export has made up 1,192 bln dollars increasing by 105,921 mln dollars or 9,7% in comparison to the analogical period of the previous year, while the import has made up 2,493 bln dollars decreasing by 601,281 mln dollars or 19,4%.

As a result, the negative trade balance in the amount of 1,301 bln dollars has created in the reporting period that this is 707,202 mln dollars or 35,2% less than in comparison to the analogical period of 2019.

Mirsaid İbrahimzade

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