Bank Of Baku

Azerbaijan's foreign trade deficit decreased by about 20%

Azerbaijan
# 14 July 2023 09:57 (UTC +04:00)

In January-June of current year, Azerbaijan's foreign trade turnover was equal to USD 26 166.41 mln, which is 5,4% more than the corresponding period of previous year, the State Customs Committee told APA-Economics.

In the last year, exports across the country decreased by 2.8% and amounted to USD 17967.95 million. On the contrary, import increased by 29% to USD 8 198.46 million.

Although a positive surplus of USD 9 769.49 mln was created in the foreign trade turnover, it was 19.4% less than in the same period last year.

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