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 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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Azerbaijan and Israel have agreed to establish a working group on the development of cooperation in the field of transport, Minister of Digital Development and Transport Rashad Nabiyev said on Friday on the social network "X".
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Discussions on "green energy" were held on November 22 in Istanbul, during the energy forum, involving Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, Georgia's First Deputy Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili, Bulgaria's Minister of Energy Rumen Radev, and Azerbaijan's Minister of Energy Parviz Shahbazov.
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A meeting between Azerbaijan's Minister of Energy Parviz Shahbazov, Turkey's Minister of Energy and Natural Resources Alparslan Bayraktar, and Bulgaria's Minister of Energy Vladimir Malinov took place on November 22 in Istanbul, within the framework of the international energy forum, according to Azerbaijan's Ministry of Energy.
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