Azerbaijan sees nearly 50% growth in positive balance of foreign trade turnover

Azerbaijan sees nearly 50% growth in positive balance of foreign trade turnover In January-February 2020, Azerbaijan’s trade operations with foreign countries amounted to $5,036,000,000, down 5.3% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.
Business
March 17, 2020 17:50
Azerbaijan sees nearly 50% growth in positive balance of foreign trade turnover

In January-February 2020, Azerbaijan’s trade operations with foreign countries amounted to $5,036,000,000, down 5.3% from the previous year, Report informs citing the State Customs Committee (SCC) of Azerbaijan.

Export accounted for $ 3,249,000,000, up 3.1% from the previous year. Import made up $1,787,000,000, down 17.5%.

Consequently, the positive balance of trade turnover amounted to $1,462,000,000, up 48.3% from a year earlier.

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