Bank Of Baku

Positive balance of foreign trade turnover decreases by 18% year-on-year

Positive balance of foreign trade turnover decreases by 18% year-on-year
# 29 March 2011 13:26 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Statistical Committee says that the volume of trade operations with 102 countries reached $ 4 717.083 mln in January-February, 2011, up 23.70% compared to a year ago. In the period of report, $3 389.589 mln-goods were exported and $ 1 327.494 mln – imported to the country.

The export operations rose 9.2%, import increased by 87.15% compared to a year ago.

The positive balance of foreign trade made $ 2 062.095 mln, down 17.94% compared to the same period of 2010.
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