Positive balance of trade turnover of Azerbaijan with Turkey increases by nearly 6 times

Positive balance of trade turnover of Azerbaijan with Turkey increases by nearly 6 times
  • Clock-gray 12:17
  • calendar-gray 18 November 2019

During January-October of this year, the volume of trade exchange of Azerbaijan with Turkey was $3 641 507,13 thousand which increased $ 851 816,67 thousand or 30,5%  in comparison to the same period of the previous year, according to the calculations of APA-Economics based on State Customs Committee reports.

In the first ten months of the current year, the volume of export from Azerbaijan to Turkey was $ 2 314 678,60 thousand which is $ 834 645,08 or 56,4% more in comparison to the same period of the previous year. The volume of import has constituted $ 1 326 828,53 thousand. This figure has increased by 1,3% or $ 17 171,59 thousand in comparison to the same period of 2018.

As a result, a positive balance of $ 987 850,07 thousand formed, which is $ 817 473,5 thousand or 5,8  times more in annual comparison.

 

APA-Economics

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