Bank Of Baku

Azerbaijan posts 36% drop in car imports

Azerbaijan posts 36% drop in car imports
# 11 November 2009 15:44 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. Azerbaijan has seen a 16% decline in its total imports, said Aydin Aliyev, chairman of the State Customs Committee.

According to him, the decline in imports adversely affected the performance of budget projections.

During this period, the import of metal products declined by more than 18%, wood by 3%, and foodstuffs by more than 16%.

For this reason, the forecast for customs duties and taxes was met at 89.73% in October, he added.

He noted that the number of cars imported into the country declined by 36% year-on-year during the first nine months of this year.
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