BAKU, Azerbaijan, July 18. Azerbaijan exported a total of 679.8 million kilowatt hours of electricity from January through June of this year.
The data obtained by Trend from the State Customs Committee shows that the revenue from the export of this quantity of electricity was $38.5 million.
Compared to the same period last year, the export of electricity decreased by 244.67 million kilowatt hours, or 26.5 percent, in volume and by $12.5 million, or 24.5 percent, in value.
In the first half of 2024, Azerbaijan exported 924.5 million kilowatt hours of electricity worth $51 million.
The export of electricity accounted for 0.4 percent of the export of the first six months of the current year, and 3.2 percent of the export of the non-oil sector.
From January through June this year, Azerbaijan’s trade turnover with foreign countries reached $24.4 billion, which is an increase of $2.63 billion, or 12.1 percent, compared to the same period last year, when trade totaled $21.77 billion.
Exports accounted for $12.88 billion of the turnover, while imports were $11.52 billion. Over the past year, exports slipped slightly by 0.2 percent, while imports surged by 29.9 percent.
Consequently, Azerbaijan posted a positive trade balance of $1.36 billion - $2.67 billion or three times lower year-on-year.
