Bank Of Baku

Positive balance of Azerbaijan’s foreign trade turnover rises in first quarter

Positive balance of Azerbaijan’s foreign trade turnover rises  in first quarter
# 19 April 2010 14:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Positive balance of Azerbaijan’s foreign trade turnover was $ 3 350 848,1 000 in January-March, 2010, up by 2.8 times compared with a year ago, said the State Statistical Committee

According to State Statistical Committee, the volume of trade operations with 112 countries reached $ 5 667 674,9 000. In the period of report, $4 509 261,5 000 goods were exported and $1 158 413,4 000 – imported to the country.

Volume of export operations was 81.65% higher and import decreased for 12.60% compared with a year earlier.

Main of exported goods are: crude oil (84.61%), oil productions (6.72%), vegetable oil and animal fat (1.23%).

Imported are: Machine and electric equipments, electro-technical equipments and their reserves (27.77%), food production (17.63%), transport facilities (12.34%) and ferrous metals (7.44%).
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