Exports Show Minus in Last 10 Years for Second Time This Year
In April, Azerbaijan imported goods worth $ 974.6 million, or $ 88 million exceeding the volume of exports ($ 886.6 million.). This is the second incident of the kind this year (February - $ 76 million) with superiority of imports over exports of goods. Experts regard this trend negatively against the background of the depletion of the foreign exchange reserves of the country.
According to the State Customs Committee, in the first four months of this year, the volume of foreign trade amounted to $ 7 billion 673,400,000, which is 22.4% less than in the comparable period in 2014.
Since the beginning of the year the imports of goods have totaled $ 3.4 billion. This is 24.4% more than in the first four months of last year. The share of the public sector accounts for 21.6% ($ 735.5 million) of the imported goods.
This year, exports have amounted to $ 4 billion 270 300 000. That is 40.3% less than in the four months in 2014. Of these, only 11.4% ($ 485.2 million) accounted for the non-state sector. 08D
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- Economics
- 16 May 2015 12:57
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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