Azerbaijan sees 26% decline in positive balance of foreign trade turnover

Economic Department
Author

In January-June 2019, Azerbaijan’s trade operations with foreign countries $16.995 billion, up 27.6% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.

While export accounted for $ 9.979 billion (+15.2%) of the trade turnover, import made up $7.016 billion (+50.6%).

Consequently, the positive balance of trade turnover amounted to $2.963 billion, down 26% in comparison to a year earlier.

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