Azerbaijan’s positive balance in foreign trade turnover drops by more than 20%

Azerbaijan’s positive balance in foreign trade turnover drops by more than 20%
  • Clock-gray 16:00
  • calendar-gray 15 November 2019

In January-October of this year, Azerbaijan's foreign trade turnover amounted to $ 28 276.89 million which is 12.1% more than in the same period of last year, APA-Economics reports citing State Customs Committee.

According to the information, in the reporting period the volume of export was $ 16 821,56 million, while import was $ 11 455,33 million. Thus, $ 5 366,23 million positive balance has occurred in foreign trade.

Note that export has increased by 5.3%, while import by 23.8%, but positive balance has decreased by 20.1% in the first nine months of this year in comparison with January-October of the previous year.

Nijat Mustafayev

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