Since early year Azerbaijan carried out trade operations for $5.5 bn


April 13, Fineko/abc.az. Azerbaijan carried out trade operations with 146 countries for $5.546 bn for Jan-Mar 2018, with taking into account the declared export of oil and gas.

The State Customs Committee reports that $3.355 bn or 60.49% of trade turnover accounted for export operations and $2.19 bn or 39.51% for import.

Positive trade balance of $1.16 bn formed by the end of the 1st quarter of 2018.

For the 1st quarter of 2017 country’s foreign trade turnover reached $4.119  bn,  including exports of $2.606 bn and import of $1.5 bn. Positive balance of trade turnover then was $1.09 bn.

Growth of foreign trade turnover in the 1st quarter of 2018 (versus 1st quarter of 2017) amounted to $1.427 bn or 34.65%, export growth $748.727 million or 28.73% and import growth $678.3 million or 44.84%. The positive trade balance increased by 10%.

In 1st quarter Azerbaijan imported commodities of 6.033 names and exported goods of 1.691 names.


Keywords: trade turnover