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ADB: Azerbaijan gets 17% rise in export last year


In 2017 Azerbaijan’s agriculture grew 4.2%, services – 3%, industry declined by 3.6%, Asian Development Bank (ADB) said in its report ‘Basic statistics 2018 on Asia and the Pacific’.

 

According to the bank, export of goods increased by 17.1%, import decreased by 2.5%: ‘Trade balance accounted for 16.4% of GDP. Gross international reserves amounted to $5.335 billion, revenues – to 23.5% of GDP, expenditures to 25.1% of GDP.  Current account balance made up 5.5% of GDP’.

 

 

 

 

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