Azerbaijan reports fall of 36% on import and 12% on export for 2020


February 15, Fineko/ Last year, Azerbaijan’s foreign trade turnover totaled $24.2 bn.

ABC.AZ reports that the value of exported and imported products reached $13.47 bn (55.7% of the trade turnover) and $10.73 bn (44.3%) respectively. As a result, positive balance formed at the level of $2.739 bn.

Compared with 2019, the foreign trade turnover in actual prices decreased by 26.8% and in real terms by 21.9% in 2020, including import by 36% and export by 12%.