Azerbaijan's trade deficit with US decreases by more than 15%

# 21 September 2020 12:47 (UTC +04:00)

Azerbaijan's volume of trade turnover with the US has been 506,3 million USD during January-August of this year, which is 16.1% less than the same period of the previous year, APA-Economics reports citing State Customs Committee, according to the calculations of APA-Economics based on State Customs Committee reports.

During the first 8 months of this year, Azerbaijan’s exports to the USA made up $ 10,66 mln which is USD 3,68 mln or 25,6% less in comparison to the related period of the previous year. The country’s imports from the USA decreased by $ 93,49 million or 15,9% and equaled to $ 495,64 million.

As a result, Azerbaijan’s trade deficit with the USA made up $ 484,98 million, which is $  89,81 million or 15,6% less in annual comparison.