Bank Of Baku

Azerbaijan sees 9% decline in trade turnover

Azerbaijan sees 9% decline in trade turnover
# 14 October 2014 11:09 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. In January-August, 2014, the trade operations amounted to $ 21 mln, down 9.2% from previous year. Decline of export was mainly related to oil export fall, APA reports quoting website of finance Ministry.  

 

Crude oil export amounted to $ 16 bln, oil products – to $1.2 bln, natural gas export to $1.3 bln.

 

Import made $ 5.6 bln.  

 

Positive balance of foreign trade turnover stood at $ 9.8 bln.

 

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