Foreign trade turnover decreased by 8%

In the first ten months of this year, Azerbaijan had foreign trade ties with 150 countries for a total of $ 27.4 billion at actual prices. This is 7.9% less than in the comparable period of 2011.

According to the published data of the State Customs Committee, in January-October this year, Azerbaijan exported goods totaling $ 19.7 billion, which is 10.8% less than the same period last year. The total declared value of imported goods amounted to more than $ 7.6 billion or 0.4% more than in the same period of 2011.

Positive balance of trade of the country for the period indicated, to over $ 12 billion

The share of oil and gas in the country's export portfolio was 93.25% ($ 1.4 billion).

State share in the import-export operations considerably prevails over the share of private business. The share of public sector in exports is 94.2%, and imports - 21.8%. - 08D-


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