Export of products not related to hydrocarbons amounted to $ 844 million in October - said at the conference "The non-oil exports: today's challenges and opportunities" the Minister of Economy of Azerbaijan Shahin Mustafayev.
According to data from the State Customs Committee for the past three quarters, it is 12.9% of all goods for export (all sold abroad 2,511 items of goods in the amount of $ 6 billion 541 million 219.69 thousand, or minus 33.81 % to 1 October of the previous year).
According to the Minister, more than half (54%) of names of goods were exported to the CIS countries and Georgia, 36% - to Turkey, Switzerland, Iran, China, Germany and Italy, and the remaining 10% - to other countries.
Recall, the leader in absolute terms is the European Union - by 1 October it was exported products, mainly crude oil, worth $ 3 billion 638.7 thousand or 55% of the total volume. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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