Positive balance of trade turnover of Azerbaijan with Turkey increased more than 9 times

Positive balance of trade turnover of Azerbaijan with Turkey increased more than 9 times
# 16 September 2019 18:19 (UTC +04:00)

During January-August of the current year, the volume of the trade turnover between Azerbaijan and Turkey amounted to USD 2 714 088,67 thousand and this is 30,1 % more compared to the same period of the previous year, according to the calculations of APA-Economics based on the report of the State Customs Committee.

Exports from Azerbaijan to Turkey amounted to USD 1 739 092,26 thousand in the first eight months of the current year, while the imports – USD 974 996,41 thousand. As a result, positive balance in the amount of USD 764 095,85 thousand formed and this is 9,5 per cent more compared to the same period of the previous year.

In the reporting period, exports increased by 60.5% compared to the same period of the previous year, while imports decreased by 2.7%.

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