Paşha Bank
Bank Of Baku

Negative balance of Azerbaijan’s trade turnover with the US is USD 403 million

Negative balance of Azerbaijan’s trade turnover with the US is USD 403 million
# 17 July 2019 14:06 (UTC +04:00)

The volume of trade turnover of Azerbaijan with the US was amounted to $420.9 million which is 11.6% less than the same period of the last year, APA-Economics informs quoting the report of State Statistics Committee.

In the reporting period, the volume of export decreased by 96.5% and reached $9 024.8 million, while import expanded by 86% and amounted to $411.9 million.

Therefore, as a result, the negative balance in the amount of $402.8 million occurred in January-June, and it is the highest indicator of negative balance, occurred in trade turnover between two countries within the current year.

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