In January-April 2013, foreign trade turnover amounted to $ 11 567.3 million, up 2% from a year earlier. The foreign trade balance amounted to $ 5,270 million
According to the State Customs Committee, in January-April this year, Azerbaijan exported goods worth a total of $ 8,419 million is 0.17% less than in the comparable period of 2012. The share of EU exports account for 43.8% (approximately $ 3.7 billion). The share of public sector in the portfolio of exports is 94.6% (approximately $ 8 billion). The lion's share of exports (92.7%) - is energy.
During the mentioned period, the country was supplied goods worth a total of $ 3,148 million is 8.5% more than in January-April 2012. Imports from the EU totaled $ 913.4 million, or 29% of the imports. The share of the public sector accounts for 29% of imports.
This year, Azerbaijan had trade relations with 132 countries. In 1216 the name was exported goods and imported - 4864. Import-export operations of businesses employing 3834, of which 2,624 are legal entities, including 200 companies belonging to the public sector. - 08D-
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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