In 2013, the volume of foreign trade turnover amounted to $ 34.6 billion, which is 3.3 % more than in the previous year. However, the data of the State Customs Committee (SCC ) indicate that the volume of foreign trade of the country in recent years has been growing mainly due to imports and is directed down due to declining oil exports .
Last year, exports of goods from the country ($ 23.9 billion ) grew by only 0.28%. The public sector including oil and gas exports by the consortia accounted for 93.2% of the exports. Imports of goods in value terms reached a historic high - $ 10.7 billion, an increase of 10.9%.
In 2011 the volume of foreign trade turnover amounted to $ 36.3 billion , an increase of 29.9% . For comparison , we note that in the recent past ( 2008 ) the volume of import-export operations reached $ 55 billion at a positive balance at $ 40.6 billion. 08D
Economics
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In Azerbaijan, there has been an observed increase in the price of flour. In May, a 50-kilogram sack of flour cost 25-26 manats, but now it has risen to 29 manats. This increase in the price of flour is also reflected in the data from the State Statistics Committee (SSC).
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Azerbaijan and Israel have engaged in discussions to advance cooperation in the field of green energy, Azerbaijan's Energy Minister Parviz Shahbazov announced on the social network "X." During the meeting with Israeli Minister of Regional Cooperation David Amsalem, both sides reviewed ongoing cooperation in the hydrocarbon sector, discussed renewable energy projects currently being implemented in Azerbaijan, and explored prospects for enhancing bilateral energy ties.
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The Milli Majlis of the Republic of Azerbaijan has introduced significant amendments to the nation’s food safety law, aiming to enhance regulation over the production and importation of alcoholic beverages, particularly vodka. The amendments, ratified by President Ilham Aliyev, are intended to ensure compliance with stringent safety and economic criteria, reflecting the government's commitment to maintaining public health standards and fiscal accountability.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved amendments to the list of specialized medical institutions authorized to perform donor organ transplants. The changes, guided by the eighth paragraph of Article 119 of the Constitution of Azerbaijan, were announced in resolutions No. 337 and No. 338, signed by Prime Minister Ali Asadov.
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