Positive balance of $ 2.8 bln. developed in trade turnover of Azerbaijan and EU countries

Positive balance of $ 2.8 bln. developed in trade turnover of Azerbaijan and EU countries
  • Clock-gray 11:49
  • calendar-gray 19 June 2020

During January-May of this year, the volume of turnover of the trade conducted by Azerbaijan with the countries of the European Union (EU) made up $ 4,504,762.9 thousand which is $ 1,313,597.4 thousand or 22.6% less compared to the same period of 2019, "APA-Economics" reports citing the results of the calculations conducted by it on the basis of the indicators issued by the State Customs Committee.

In the reporting period, the volume of export decreased by 24.3% and made up $ 3,648,135.3 thousand, while the volume of import decreased by 14.1% and made up $ 856,627.6 thousand compared with the same period of 2019.

During the past five months of the current year, the positive trade balance amounting to $ 2,791,507.7 thousand developed, and this indicator decreased by $ 1,032,087.8 thousand or 27% compared with the same period of 2019.

Mirsaid İbrahimzade

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