![Foreign Trade Turnover Decreased 23%](https://turan.az/resized/media/2015/main/022000107285-750-500-resize.webp)
Foreign Trade Turnover Decreased 23%
In January of this year, Azerbaijan's foreign trade amounted to $ 1 billion 852 million, which is 23% less than in the same month last year.
While in January 2014, foreign trade surplus amounted to $ 1 billion 335,600,000, last month it decreased to $ 703.6 million.
According to the State Customs Committee, last month, the export of oil, natural gas and oil derivatives decreased compared to January 2014 in terms of money by $ 597.7 million to $ 1 billion 152,100,000. The share of hydrocarbons in the structure of exports amounted to 90 1%. The volume of non-oil exports, also considering electricity, increased by $ 4.7 million and was $ 125.7 million in January. Overall, 92.6% of exports accounted for the public sector.
In January goods worth $ 574.2 million were imported. This is 7.1% more than in January 2014. The share of food ($ 72.4 million) accounted for 12.9%, machinery, tools and equipment ($ 165 million) - 28.7%, vehicles ($ 53,100,000) - 9.2%, and ferrous metals ($ 83.5 million) - 14.5% of imports. ---08D
-
- Social
- 20 February 2015 11:52
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
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.
-
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.
Leave a review