Bank Of Baku

Trade turnover between Azerbaijan and Britain sharply increased

Trade turnover between Azerbaijan and Britain sharply increased
# 04 February 2022 10:05 (UTC +04:00)

Last year, the trade turnover between Azerbaijan and the United Kingdom amounted to 667.871 million USD, which is 46.9% more than in 2020, APA- Economics reports citing data published by the State Customs Committee.

The volume of exports during the reporting period amounted to 396.674 million USD,  2.5 times more than a year ago. Imports accounted for 271.197 million. USD, which is 8.7% less than a year earlier.

As a result, $ 125,476 mln. dollar positive trading balance occurred in 2021. Notably, the trade balance in 2020 was negative and amounted to $139,445 million.

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