Bank Of Baku

Azerbaijan's balance of foreign trade turnover decreased by nearly 26%

Azerbaijan
# 15 August 2023 12:58 (UTC +04:00)

In January-July of 2023, the foreign trade turnover of Azerbaijan was USD 30 333.43 million, which is  0,9% up in annual comparison, APA-Economics" reports citing the State Customs Committee.

In the last year, export made up USD 20 776.95 million, while import was USD 9 556.48 million. Azerbaijan's export decreased by 7,9%, while import increased by 27,5% in annual comparison.

Although a positive balance of USD 11 220.4 million formed, it was less by 25,5% in comparison with the same period of the previous year.

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