Azerbaijan’s foreign trade hits $21.3bn


The volume of Azerbaijan’s foreign trade turnover amounted to $21.3 billion in January-May 2022, Azernews reports, citing the State Statistics Committee.

Out of the total turnover, exports amounted to $16.2 billion or 75.9 percent, while imports amounted to $5.1 billion or 24.1 percent. Overall, the country’s foreign trade turnover resulted in a surplus of $11 billion.

Compared to the first five months of 2021, the country’s foreign trade turnover increased by 75.5 percent in actual prices and by 10 percent in real terms. Moreover, legal entities and individual entrepreneurs in the country carried out trade operations with partners in 158 countries.—Azer News


Previous articleUniformed regulatory regime for mineral-sector development on cards
Next articleIran remains world’s 10th biggest steel producer in H1 2022