Bank Of Baku

Cargo transportation drops 11% in Azerbaijan section of TRACECA

Cargo transportation drops 11% in Azerbaijan section of TRACECA
# 29 March 2009 10:19 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. 3.2 million tons of cargo and 15.7 million people were carried through Azerbaijan part of the Transport Corridor Europe-Caucasus-Asia (TRACECA) during January.
Cargo transport dropped by 11.1% while passenger traffic jumped by 5.3% on year-on-year basis.
Azerbaijan State Statistical Committee told APA-Economics that 44.5% of shipments were transported by rail, 37.5% by road and 18% by sea.
Shipments via the corridor accounted for 24.1% of the total transportation in the country. AZN 18.1 million was earned in sea shipments in January.
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