Azerbaijan`s foreign trade turnover grew more than by one third in 2018


February 8, Fineko/ Azerbaijan conducted foreign trade operations with 185 countries in 2018.

The State Statistics Committee informs that export operations were conducted with 113 countries and import operations with 178 countries.

"The total trade turnover of Azerbaijan for the last few years taking into account unreported estimates of crude oil and natural gas totaled $31.755 bn, including export of $20.29 bn and import $11.465 bn. As a result, positive balance of $8.825 bn has formed," the Committee said.

Compared with 2017, foreign trade increased on actual prices by 30.9%, including export by 31.1% and import by 30.5% (in real terms by 0.5%, 0.6% and 0.2% respectively).