Bank Of Baku

Favorable balance of trade with faraway countries makes $2.013m in Azerbaijan

Favorable balance of trade with faraway countries makes $2.013m in Azerbaijan
# 27 December 2006 11:28 (UTC +04:00)
Azerbaijan’s trade with faraway countries yielded favorable balance of US $2.0129748 billion and trade with CIS member states resulted in unfavorable balance of $1.0114849 billion during January-November, State Customs Committee told APA.
Residents and nonresidents exported goods of $4.8066116bn to foreign countries (excluding CIS countries) and imported goods of $2.7936368bn from foreign countries (excluding CIS) during this period.
Goods of $818.3604m were exported to CIS countries and goods of $829.8453m were imported during this period.
Azerbaijan exported mineral fuel, oil and oil products, bitumen, polymer, aluminum, fruits, nonorganic chemicals, vessels, boats, grease and vegetable oil, fruits, and imported electronic equipment and devices, ferrous metals, furniture and transport facilities, vessels and boats, grains.
Italy (44.76%), Israel (9.28%) and Turkey (6.68%) were the first main countries in the export, Russian (21.94%), the UK (9.14%) and Germany (7.64%) in the import. /APA/
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