Bank Of Baku

Azerbaijan’s positive balance from foreign trade turnover falls 5% year-on-year

Azerbaijan’s positive balance from foreign trade turnover falls 5% year-on-year
# 16 January 2015 11:06 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. In 2014, Azerbaijan’s foreign trade operations amounted to $ 31,016,305,750, down 10.58% from previous year, APA-Economics reports quoting State Customs Committee.

 

Import operations made $ 9,187,696,870, down 14.22% from a year earlier.

 

Thus in 2014, the export operations fell 8.95% to $ 21,828,608,880.

 

Consequently, positive balance made $ 12,640,912,010, down 4.68% by contrast to a year ago.

 

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