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Azerbaijan’s balance of foreign trade turnover edges down by 34%


In January-July of 2023, the foreign trade turnover of Azerbaijan was USD 43 520.18 million, which is 6% down in annual comparison, APA-Economics” reports citing the State Customs Committee.

In the last year, exports across the country decreased by 15.5% and amounted to 29,345 million US dollars. On the contrary, imports increased by 22.3% to 14,174 million US dollars.

Although a positive balance of USD 15 171 million formed, it was less by 34,3 % in comparison with the same period of the previous year.

Source: Azeri-Press news agency