Growth rate of trade turnover of Azerbaijan with EU countries decreases

Growth rate of trade turnover of Azerbaijan with EU countries decreases
  • Clock-gray 10:57
  • calendar-gray 17 December 2019

During January-November of this year, the volume of turnover of the trade conducted by Azerbaijan with EU countries amounted to US$ 12,178.5 mln. which is by US$ 113.7 mln. or by 1% more than the indicator for the same period of the last year, "APA-Economics" reports citing the results of the calculations performed on the basis of the indicators published by the State Customs Committee.

During the eleven months of the current year, the volume of exports increased by US$  50.4 mln. or 0,5% as compared with the same period of the last year and amounted to US$ 10,015.3 mln., and the volume of imports increased by US$ 63.3 mln. or 3% and amounted to US$ 2,163.2 mln..

The positive trade balance of US$ 7,852.1 mln. has developed during the reporting period, and this indicator has decreased by US$ 12.9 mln. or 0,2% as compared with the same period of the last year.

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