BAKU, Azerbaijan, October 17. Azerbaijan increased imports of tobacco and tobacco products by 12.42 percent (85.1 million) from January through September 2023 compared to the same period last year, Trend reports.
The State Customs Committee of Azerbaijan data shows that import of tobacco and tobacco products amounted to $75.7 million in the same period of 2022.
Azerbaijan's foreign trade turnover decreased by 1.79 percent, or $711.06 million, from January through September 2023 year-on-year, from $39.8 billion to $39.1 billion.
In addition, exports amounted to $26.48 billion in the structure of foreign trade turnover, which is $3 billion, or 10.27 percent less year-on-year. The share of exports in the foreign trade turnover amounted to 67.74 percent, up from 74.15 percent a year earlier.
Azerbaijan's imports in the reporting period increased by $2.3 billion, or 22.55 percent, year-on-year from $10.29 billion to about $12.6 billion. The share of imports in the foreign trade turnover amounted to 32.26 percent, up from 25.85 percent a year earlier.
As a result, the balance of foreign trade turnover, while remaining positive during the review period, declined year-on-year by over $5.35 billion, or 27.84 percent, to $13.8 billion against $19.2 billion in the 2022 review period.
