Azerbaijan’s positive balance on foreign trade falls by 26%

Business
  • 15 August, 2023
  • 09:24
Azerbaijan’s positive balance on foreign trade falls by 26%

In January-July 2023, Azerbaijan conducted trade transactions with foreign countries worth $30.333 billion, 0.9% more than a year ago, Report informs, citing the State Customs Committee.

Over the year, exports decreased by 7.9% to $20.777 billion, while imports grew by 27.5% to $9.556 billion.

Consequently, a positive balance of $11.220 billion, 25.6% less than a year ago, was formed in foreign trade

.