Azerbaijan sees 1% growth in positive balance of foreign trade turnover

Azerbaijan sees 1% growth in positive balance of foreign trade turnover In January-May 2020, Azerbaijan’s trade operations with foreign countries amounted to $11.1 billion, down 22.9% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.
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June 16, 2020 17:42
Azerbaijan sees 1% growth in positive balance of foreign trade turnover
Report

In January-May 2020, Azerbaijan’s trade operations with foreign countries amounted to $11.1 billion, down 22.9% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.

Export accounted for $ 7 billion, down 19.1% from the previous year. Import dropped 28.6% to $4.2 billion.

Consequently, the positive balance of trade turnover amounted to $2.8 billion, up 0.9% from a year earlier.

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