Positive balance of Azerbaijan’s foreign trade decreases by 34%

Finance
  • 16 November, 2023
  • 06:42
Positive balance of Azerbaijan’s foreign trade decreases by 34%

In January-October this year, Azerbaijan conducted trade operations with foreign countries for $43.520 billion, 6% less than in the same period last year, Report informs referring to the State Customs Committee.

Some $29.346 billion came from exports and $14.174 billion from imports. Over the past year, exports decreased by 15.5%, while imports increased by 22.3%.

Consequently, the positive balance in foreign trade made up $15.172 billion, down 34.4% from a year earlier.