Turkey ranked second among Azerbaijan's trading partners in the first two months of 2017. Trade turnover between Azerbaijan and Turkey amounted to $239.02 million in Jan.-Feb. 2017, which is an increase of almost 70 percent compared to the same period of 2016. Turkey’s share among Azerbaijan’s trade partners is 9.1 percent.
Russia with a share of 8.96 percent ($235.4 million) ranked third among trade partners of Azerbaijan in Jan.-Feb. 2017. Russia is followed by China with 8.72 percent ($228.95 million) and Germany with 4.82 percent ($126.57 million).
The share of the top five countries in total trade turnover of Azerbaijan is 49.17 percent.
Azerbaijani products worth $422.67 million (25.55 percent) were exported to Italy. Italy is followed by China with a share of 7.46 percent ($123.35 million), Israel with 6.76 percent ($111.89 million), Taiwan with 6.55 percent ($108.39 million) and Portugal with 5.97 percent ($98.66 million).The share of these countries in total export volume of Azerbaijan is 52.29 percent.
Azerbaijan's foreign trade turnover with 137 countries totaled $2.63 billion in Jan.-Feb. 2017, which is 20.09 percent more than in the same period of 2016. Azerbaijan carried out export operations in the amount of $1.65 billion and import operations – $971.97 million.
More about: #Azerbaijan #Italy
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