Bank Of Baku

Positive balance of foreign trade turnover decreases by 20% year-on-year

Positive balance of foreign trade turnover decreases by 20% year-on-year
# 03 August 2011 15:04 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Statistical Committee says that the volume of trade operations with 138 countries reached $ 17.4 bln in the first half, 2011, up 32.8% compared to a year ago. In the period of report, $13.1 bln-goods were exported and $ 4.3 bln – imported to the country.

The export operations rose 28.4%, import increased by 48.3% compared to a year ago.

The positive balance of foreign trade made $ 8.7 bln, down 19.2% compared to the same period of 2010. $ 2.9 bln of commodity exchange was conducted with CIS countries, $14.5 – with other countries.
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