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ECONOMY

Azerbaijan`s foreign trade turnover increased by 9,8 %

10.03.2011 [10:42]
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Baku, March 10 (AZERTAC). Azerbaijan`s foreign trade turnover with 94 countries, including non-state organizations and physical entities of these countries, comprised $2.2 billion in January 2011, the State Statistics Committee of Azerbaijan said.

$1.6 billion or 72.6 percent of total turnover fall to export. About 27.4 percent or $593 million fall to import.

Trade turnover increased by 9,8 percent, import - by 60.5 percent, while export declined by 1.9 percent compared to January last year. The export exceeded import by 2.7 times. So, black ink was created to the amount of $ 979.8 million.

Most of foreign trade operations (84.2 percent) fell to such countries as Italy, US, France, Russia, Malaysia, Ukraine, Bulgaria, Turkey, Israel, Thailand, China and Germany.

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