Finance

Finance

Positive balance of Azerbaijanâ€™s foreign trade turnover increases by 5% year-on-year

22 May 2012 13:20 (UTC +04:00)

1,177 sort of goods in amount of $ 8,433.489 mln were exported, 5,089 sort of goods in amount of $ 2,901.820 mln were imported, up 5.36% and 6.79%.

More than 4/5 part of foreign trade operations were conducted with Italy, Germany, France, Indonesia, Russia, Israel, Turkey, US, Bulgaria, Singapore, India, Ukraine, Georgia, China and Taiwan.

Positive balance in foreign trade made $ 5,531.669 mln, up 4.62% from year earlier.

$ 636.418 mln or 21.93% of import belonged to state sector, $ 2,265.402 mln or 78.07% - to private sector and individuals.

$ 8,033.717 mln o 95.26% of export belonged to state sector, 4.74% - to private sector and individuals.

$ 748.827 mln or 25.8% of import to Azerbaijan came from CIS countries, $804.489 mln or 27.72% - from Eu countries, $ 1,348.504 mln or 46.48% - from other countries.

$ 343.347 mln or 4.07% of export from Azerbaijan went to CIS countries, 4,041.345 mln or 47.92% - to EU countries and $4,048.798 mln or 48.01% - top other countries.