Bank Of Baku

Azerbaijan increases trade turnover with CIS countries by 47%

Azerbaijan increases trade turnover with CIS countries by 47%
# 25 July 2011 08:45 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The trade turnover between Azerbaijan and CIS countries made $ 2,480.6 mln, during January-May, 2011.

According to State Statistical Committee, $ 1,436.7 mln-goods were exported to CIS countries from Azerbaijan, $1,043.9 mln-goods imported from CIS Countries. Consequently, the positive balance was $ 392.8 mln.

Trade turnover rose 46.6%, as well export – 57.7%, import-31.3%, positive balance – 6.7 times.
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