Turkey strengthens its position in the export of goods into Azerbaijan.
In terms of the first seven months of this year, with a weight 15.8% in the total imports of Azerbaijan, this country exceeded the nearest rival (Russia) by 1.6%.
According to the State Customs Committee of Azerbaijan, in January-July this year, Azerbaijan imported goods from Turkey for a total of $ 837.4 million. With a total of $ 1,173 million indicator Turkey ranks fifth in the turnover between Azerbaijan and foreign countries.
The share of Turkey in the exports of goods from Azerbaijan is 2.38% with $ 335.2 million. It also holds the 13th place in the list of active trade partners of Azerbaijan.
The top five countries importing goods from Azerbaijan are Italy ($ 3.1 billion and 22% of Azerbaijan's export in the last 7 months), Israel ($ 1.4 billion, 9.9%), Indonesia (U.S. $ 1.2 billion, 8 , 66%), France ($ 1.1 billion, 7.8%) and India ($ 933 million, 6.6%). - 08D-
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review