In 2012, the foreign trade turnover with 155 countries comprised $ 33.5 billion, which was 7.6% less than the previous year. The decline in foreign trade was due to the decrease in exports of crude oil. The positive trade balance was $ 14.3 billion.
According to the State Customs Committee, last year, Azerbaijan exported goods totaling $ 23.9 billion. Roughly half of the goods were exported to EU countries ($ 1,199 million). State shares in the portfolio were 94% of the exports.
For the period indicated, the country was supplied goods totaling $ 9 652.8 million which is 1% less than in 2011. Imports from EU countries amounted to $ 2,670 million at the state's share accounted for 21.2% of imports. - 08D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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