![Foreign Trade Turnover Increased at 5.1 %](https://turan.az/resized/media/2013/main/111900058059-750-500-resize.webp)
Foreign Trade Turnover Increased at 5.1 %
In January -October 2013 the foreign trade turnover reached $ 28.8 billion, up 5.1 % from a year earlier. In this case, the growth rate of import was 15.8 %.
According to the State Customs Committee, in ten months of this year , Azerbaijan exported goods worth $ 19.9 billion, which is 0.93% more than in the comparable period of 2012 . The lion's share of exports (over $ 18,448 million , or 92.2 %) - energy (crude oil , petroleum products and natural gas) . The share of EU exports account for 47.1 % ( $ 9.4 billion ) . The share of public sector in the portfolio of exports is 93.3 % ( $ 18.6 billion ) .
During the mentioned period, the country imported goods worth $ 8 877.3 million is 15.8% more than in the comparable period of 2012. Imports of goods from EU countries amounted to $ 3,012 million or 33.9 % of imports. The public sector has 30.7 % ($ 2,728 million) of imports.
The foreign trade balance amounted to $ 11,044 million.
This year, Azerbaijan had trade links with 147 states of the world. It exported 1,915 items of goods and imported 5,960. The import- export operations employed 6,332 businesses, of which 3,616 were legal entities, including 268 companies belonging to the public sector. - 08D -
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review