Positive balance of Azerbaijan’s foreign trade turnover increases by 15%

Positive balance of Azerbaijan’s foreign trade turnover increases by 15%
  • Clock-gray 11:13
  • calendar-gray 14 May 2020

During January-April of this year, the volume of Azerbaijan’s foreign trade turnover decreased by 16.8% as compared with the same period of 2019 and made up $ 9,688.2 mln., "APA-Economics" reports citing the State Customs Committee.

During the initial four months of this year, Azerbaijan exported to foreign countries the products worth $ 6,306.4 mln., while the volume of import was $ 3,381.8 mln. Consequently, the positive trade balance amounting to $ 2,924.6 mln. has emerged.

As compared with the same months of the last year, during January-April of 2020, the positive balance of Azerbaijan’s foreign trade turnover increased by 15.1%, while export and import decreased by 11% and 25.7% correspondingly.

Mirsaid İbrahimzade

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