Azerbaijan`s export to Russia has increased


April 16, Fineko/ Azerbaijan imported goods for $433.713 million from Russia for the 1st quarter of 2020.

ABC.AZ informs that the data is given in the report of the State Customs Committee. According to the report, this is by $4.1 million less versus the 2019 same term. Thus, in the 1st quarter of 2019 imports from Russia totaled $437.723 million.

And exports from Azerbaijan to Russia grew by $15.239 million. In the 1st quarter of 2019 the volume of exports to Russia amounted to $124.98 million and in the 1st quarter of 2020 - $140.219 million.

Despite the growth of exports from Azerbaijan to Russia, the trade balance between the two countries still remains in favor of Russia with a balance of $293.494 million.