Finance

Home page

Finance

Azerbaijan 5.4% increases trade condition index this year

16 August 2010 11:29 (UTC +04:00)

According to it, the foreign trade turnover made $ 10.6 bln during January-May, 2010. Of this, $ 8.2 bln came from export, $ 2.4 bln import. The import rose by 6%, export by 78% and foreign trade balance surplus by 2.6 times, compared with a year ago. The surplu8s of foreign trade balance made $ 5.8 bln during the same period.

The export prices increased more quickly than import prices and the trade condition index rose by 5.4%.

According to review, the volume of imported money orders rose by 18% in first half-year, compared with a year ago.

The review reports that, payment balance of positive balance ensured the growth of strategic currency stocks and as July 1, 2010, the strategic currency stocks made $ 23.8 bln. CBAâ€™s currency stocks rose by 6% to $ 5.4 bln in July 1, 2010.