For two months of 2017, Azerbaijan's foreign trade turnover with 137 countries of the world amounted to 2 billion 625.9 million US dollars, which exceeded the indicator for the same period last year by 20%, the State Customs Committee said.
Exports accounted for 63% ($ 1 billion 653.9 million) of the foreign trade operations. They increased by 36.6%. At the same time, the share of the oil and gas sector in exports was 89%.
Since the beginning of the year, goods worth $ 971.9 million were imported, 0.4% less than in January-February 2016.
It is noteworthy that this year the range of exported goods increased from 968 (January-February 2016) to 1,305. The list of imported goods also increased from 4,648 to 5,402. ----08D
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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