Positive balance of Azerbaijan’s foreign trade turnover decreased more than 2 times

Positive balance of Azerbaijan’s foreign trade turnover decreased more than 2 times
# 16 August 2024 12:39 (UTC +04:00)

In January-July 2024, Azerbaijan's foreign trade turnover decreased by 11.3% and amounted to USD 26 bln. 892.12 mln., APA-Economics reports citing the State Customs Committee.

In the last year, Azerbaijan's exports made up USD 16 bln 98.9 mln, decreasing by 22.5 %, while its imports reached USD 10 bln 793.2 mln, increasing by 12.9%.

During the reporting period, the foreign trade turnover generated a positive balance of $5.3057 billion. However, this is 2.1 times lower compared to the same period last year.

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