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The gap between exports and imports narrowed
The export positions of Azerbaijan in January-November of this year were $ 13,649,900,000 stronger than imports.
According to the State Customs Committee (SCC), is 15.4% below the same period in 2011.
In general, the foreign trade turnover of the country for a month until the end of 2012 was $ 30,538,605,730 (-7.88%). In recession affected shortage of oil in comparison to years past. The share of exports was $ 22094254430 (-10.34%), the share of imports - $ 8,444,351,300 (a slight deterioration - 0.76%). If earlier the share of exports was at 85-90%, now the gap has already become - 72.3%, but still remains an imbalance.
Crude oil accounts for 85.03% of exports, oil - 5.5%, natural gas - 2.54%. Other positions were combined 6.93%, among which the fruits and vegetables (1.08%), vegetable oil and animal (0.87%) and chemical products (0.65%).
For imports, the lead cars, machinery, electrical equipment and parts (26.96%), transport and spare parts (15.78%), ferrous metals and products from them (12.81%), and food - 11.28% . We can also note the wood and wood products (2.67%) and pharmaceuticals (2.39%). The remaining positions are not as noticeable.
Traditionally, the main importer of local goods is Italy (23.24%), followed by Israel (7.54%), Indonesia (7.5%), India (7.2%) and France (7.11%) and etc. - descending line.
Also, there is a major exporter of traditional - Turkey (15.07%), rose to second place Russia (14.21%), followed by Germany (8.02%), U.S. (7.47%) and China (6, 84%).
Total foreign trade turnover was attended by 3,748 legal entities and 4,507 individuals. - 17D-
Economics
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