Positive balance of Azerbaijan’s foreign trade decreases by 33%

Business
  • 18 December, 2023
  • 12:44
Positive balance of Azerbaijan’s foreign trade decreases by 33%

In January-November this year, Azerbaijan conducted trade operations with foreign countries for $47.326 billion, 3.8% less than in the same period last year, Report informs, referring to the State Customs Committee.

Some $31.513 billion came from exports and $15.813 billion from imports. Over the past year, exports decreased by 13.3%, while imports increased by 22.8%.

Consequently, the positive balance in foreign trade made up $15.700 billion, down 33.1% from a year earlier.