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Azerbaijan gets 8% rise in Q1 foreign trade turnover

03 May 2012 08:33 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Azerbaijanâ€™s foreign trade turnover made $ 7,895.2 mln in the first quarter of 2012, up 7.6% from year earlier.

State Committee for Securities export made $ 5,840.9 mln, up 7.3% from a year earlier. Import rose 8.6% to $ 2,054.3 mln.

Total number of foreign economic activity participants made 4,019 and 1,661 of these were individuals, 2,358 â€“ legal entities.

Note that, main exported good was crude oil. So the worth of exported crude oil made $ 5,019.3 mln or 85.9% total export. At the same time, main imported goods were machine, mechanism, electric apparatus, equipments and their spares. The worth of these goods made $ 584 mln or 28.6% of total import. Other good include vehicles and their spares (worth $286.7 mln or 14%), food products ($ 254.9 mln or 12.4%).

$ 240.2 mln or 4.1% of export were consumed with CIS countries, $ 5,600.6 mln or 95.9% - with foreign countries. At eth same time, $530.8 mln of import (25.8%) were consumed with CIS countries, $ 1,523.6 mln (74.2%) â€“ with foreign countries.

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Azerbaijan gets 8% rise in Q1 foreign trade turnover

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