Azerbaijan sees 43% decline in surplus balance of foreign trade turnover

Azerbaijan sees 43% decline in surplus balance of foreign trade turnover Export operations made $ 13.060 billion, while import operations totaled $ 9.685, respectively down 28.6% and 21.8% year-on-year
Business
December 28, 2020 17:32
Azerbaijan sees 43% decline in surplus balance of foreign trade turnover

In January-November this year, Azerbaijan’s foreign trade turnover amounted to $ 22.746 billion, down 25.9% from the previous year, Report states, citing the State Customs Committee.

Export operations made $ 13.060 billion, while import operations totaled $ 9.685, respectively down 28.6% and 21.8% year-on-year.

So, the foreign trade surplus balance makes $ 3.375 billion in foreign trade, down 43% compared to a year earlier.

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