Azerbaijan sees 25% decline in positive balance of foreign trade turnover

Kanan Sadigov
Author

In 2019, Azerbaijan’s trade operations with foreign countries amounted to $33,303,000,000, up 7.7% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.

Export accounted for $ 19,636,000,000, up 0.9% from the previous year. Import made up $13,667,000,000, up 19.2%.

Consequently, the positive balance of trade turnover amounted to $5,968,000,000, down 25.35% from a year earlier.

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