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Azerbaijan's imports increase last year

18 July 2024 15:41 (UTC+04:00)
Azerbaijan's imports increase last year
Ulviyya Shahin
Ulviyya Shahin
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In the first half of this year, Azerbaijan's foreign trade turnover amounted to 21 billion 768 million US dollars, Azernews reports, citing the State Customs Committee.

This figure is 4 billion 398 million dollars, or 16.8% less than in the same period of 2023.

Over the past year, Azerbaijan's exports decreased by 28.2% to 12 billion 900 million US dollars, while imports increased by 8.2% to 8 billion 867 million US dollars.

As a result, a positive trade balance of 4 billion 33 million dollars was achieved. This represents a decrease of 58.7% compared to the previous year.

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