Volume of Non-oil-gas Exports Increased by $ 110 million

In January-May this year, the volume of foreign trade operations of Azerbaijan with 133 countries of the world amounted to $ 9 billion 350 million, which is 28% less than in the comparable period in 2014.

According to the State Customs Committee, in the first five months imports of goods amounted to $ 4 billion 67.7 million. This was 15.9% more than in the same period last year. The share of the public sector accounted for 20.2% ($ 824.6 million) of imported goods.

During the same period, exports of goods amounted to $ 5,282,200,000, which is 44.3% less than in the five months of 2014 ($ 9 billion 479 million). Of these, only 11.3% ($ 596.2 million) accounted for the non-state sector.

The share of oil and gas sector in the structure of exports in the five months amounted to 85.9%. The volume of exports of goods of the non-oil-gas sector amounted to $ 711.1 million - an increase by $109.8 million over the five months of last year.

It should be noted that the volume of imports of goods in May was $ 664.7 million and the exports were $ 1 billion 11.9 million.

Despite the sharp decline in exports of goods the foreign trade turnover of Azerbaijan for five months was still positive - $ 1 billion 214.8 million. -----08D