Bank Of Baku

Azerbaijan gets 9% rise in foreign trade turnover

Azerbaijan gets 9% rise in foreign trade turnover
# 14 December 2011 14:35 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s import-export operations with 147 foreign countries during January-September, totaled $29.8 billion, including exports in amount of $22.2 bln or 74.4% and imports - $7.6 bln or 25.6%, said the State Statistical Committee. Consequently, foreign trade balance made $12.8 bln

According to SSC, $ 4.6 bln or 15.6% of commodity exchange was conducted with CIS countries, $ 25.2 bln or 84.4%– with other countries.

Azerbaijan exported 11.6% to CIS countries and 88.4% to other foreign countries.

The foreign trade turnover rose 9%, as well as import increased by 46%, export declined by 3.7%.
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