Azerbaijan’s trade turnover with Italy totalled $9 billion 188.8 million in January-September this year, up 3.1% from the same period last year, the State Customs Committee reported.
According to the State Customs Committee, Azerbaijan’s exports to Italy rose 3% over the nine months to reach $8 billion 789.9 million. Imports from Italy grew 6.6% to $398.9 million.
Italy accounted for 24.6% of Azerbaijan’s total foreign trade turnover during the reporting period. Goods shipped to Italy made up 36.8% of Azerbaijan’s overall exports, while imports from Italy represented 2.9% of total imports.
Overall foreign trade figures
In the first nine months of the year, Azerbaijan’s trade with countries around the world totalled $37 billion 211 million, a 5.2% increase on the same period last year. Exports accounted for $23 billion 865 million of that figure, with imports making up $13 billion 346 million.
Over the past year, Azerbaijan’s exports grew by 28.3% while imports fell by 20.4%. As a result, the country posted a foreign trade surplus of $10 billion 519 million, 5.7 times higher than the surplus recorded a year earlier.
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