Foreign trade turnover increased by 1.7%
In January of this year, the foreign trade turnover of Azerbaijan, which was carried out with 195 countries of the world amounted to $ 2 550.2 million, which is 1.76% higher than a year earlier. Trade surplus was about $ 1.2 billion.
According to the State Customs Committee, in January of this year, Azerbaijan exported goods totaling $ 1 922.7 million is 4% more than in the same period of 2012. More than half of exports accounted for by the EU (over $ 1 billion). The share of public sector in the export portfolio is 95% ($ 1,826 million).
For the period indicated, the country was supplied goods totaling $ 627 million is 4.5% less than in January 2012. Imports from EU countries amounted to $ 218 million, or 34.7% of imports. The public sector accounts for 28.8% of imports. The lion's share of exports - is energy. - 08D-
Economics
-
Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
-
Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
-
Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
-
Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
Leave a review