Export from Azerbaijan to CIS countries decreased by

24 November 2024

Export from Azerbaijan to CIS countries decreased by 45%

18:55 24 October 2015 Read: 3143

Export from Azerbaijan to CIS countries decreased by 45%

Trade turnover between Azerbaijan and CIS countries decreased by 13.67% and constituted 1bln 796.8 mln USD during January-September.

During this period export decreased by 44.8% to 344 mln USD while imports decreased by 0.39% to 1 bln 452.8 mln USD. As a result, 3.92% of the country`s total exports, while 22.08% of imports accounted for CIS countries.

Export to Russia, which has a major share in trade turnover with CIS countries decreased by 42.54% to 270.2 mln USD, while imports increased by 19.3% to 1 bln 71.1 mln USD.

Note that, Azerbaijan`s foreign trade turnover in first nine months of 2015 decreased by 35.72% to 15 bln 348.5 mln USD compared to corresponding period of last year and amounted to 15 bln 348.5 mln USD. Of these 6 bln 578.5 mln USD - imports 8 bln 769.9 mln USD were export operations.

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