According to the State Customs Committee of Azerbaijan (http://customs.gov.az/files/arayish201603.pdf), by April 1, Azerbaijan's foreign trade turnover amounted to $ 3 billion 606 million, slightly less than half of which (42.4%, or $ 1 billion 531 million) came from the EU, and just over a tenth (11.8% or $ 422 million) – from the CIS countries. Other countries, with 140 participants in the turnover, had a trade of $ 1 billion 653 million, or 45.8% of total volume, with Azerbaijan.
The usual leader is Italy with a total turnover of $ 462 million for export, mainly hydrocarbons at $ 368 million and imports of $ 94 million, followed by Turkey - $ 257 million ($ 59 million and $ 197 million). The third is Russia with overall performance in the $ 252 million ($ 46 million and $ 206 million), followed by Germany - $ 248 million ($ 172 million and $ 76 million) and France - $ 233 million ($ 201 million and $ 32 million).
By April 1, the total exports amounted to $ 1 billion 780.62 million, and the imports were $ 1 billion 825.9 million with a deficit of approximately $ 45 million. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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