Positive balance of trade turnover of Azerbaijan with Turkey increased more than 9 times

Positive balance of trade turnover of Azerbaijan with Turkey increased more than 9 times
  • Clock-gray 10:07
  • calendar-gray 19 December 2019

In January-November of the current year, the volume of trade turnover between Azerbaijan and Turkey was $ 4 026 707,4 thousand which is $ 1 039 102,05 thousand or 34,8% more in comparison to the same period of the previous year, according to the calculation of APA-Economics based on State Customs Committee reports.

The value of export from Azerbaijan to Turkey during the 11 months of the current year was $ 2 544 335,01 thousand. It is USD 994 171,66 thousand or 64,1% more than similar period of the previous year. The value of import was $1 482 372,39 thousand, which is USD 44 930,39 thousand or 3,1% more in comparison with the same period of 2018.

As a result, a positive balance of $ 1 061 962,62 thousand formed, which is USD 949 241,27 thousand or 9,4% more in annual comparison.

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