In January and February of this year, foreign trade turnover was $ 5.6 billion, which is 4.3% more than last year. Trade surplus was about $ 2750 million
According to the State Customs Committee, in January-February this year, Azerbaijan exported goods totaling $ 4 183.8 million is 3.3% more than in the same period of 2012. The share of the EU accounts for 45% of exports ($ 1.9 billion). The share of public sector in the portfolio of exports is 95.3% (approximately $ 4 billion).
For the period indicated, the country was supplied goods to a total of $ 1,433 million is 7.5% more than in January-February 2012. Imports from EU countries amounted to $ 400 million or 28% of imports. The public sector accounts for 31% of imports. The lion's share of exports (93.6%) is energy.
This year Azerbaijan has trade relations with 113 countries of the world. Exported 769 were items of goods and imported - 3 955. Import-export business employs 2.7 thousand businesses. About 2 thousand of them are legal persons, of which 153 belong to the public sector. - 08D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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