Bank Of Baku

Azerbaijan sharply increases trade turnover with CIS Countries

Azerbaijan sharply increases trade turnover with CIS Countries
# 26 May 2011 08:27 (UTC +04:00)
Baku. Ali Ahmadov– APA-Economics. In January-April, 2011, 81.55% or $ 8,742.863 mln of Azerbaijan’s foreign trade turnover was contributed with the far foreign countries. According to State Customs Committee, trade turnover rose 79.36% in comparison to a year ago.

The export made $ 6,859.305 mln, import - $ 1,883558 mln, up 2.14 times and 50.07% compared to a year ago.

Most of growth in trade operations was observed with CIS countries. Thus, $ 1,978.536 mln of trade turnover was contributed with CIS Countries. The trade operations with CIS countries rose 2.22 times compared to a year ago.

Export to these countries made $ 1,145.151 mln, import - $ 833.385 mln, up 3.48 times and 48.27% from year earlier.
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