BAKU, Azerbaijan, June 18
By Eldar Janashvili – Trend:
Azerbaijan’s export with five major trading partners amounted to $4.5 billion from January through May 2020, and made up 65.3 percent of the country's total export, Trend reports citing the report of the State Customs Committee (SCC).
Meanwhile, Italy has retained the status of the largest importer of Azerbaijani products by increasing the volume of exports from Azerbaijan to $2.4 billion with a specific share of 34.84 percent. Italy is followed by Turkey - $1.2 billion (17.92 percent), which increased exports by a quarter over the past month, Israel - $311.2 million (4.46 percent), India - $284.8 million (4.1 percent) and Russia - $278.9 million (4 percent).
Comparative table of TOP-5 trade partners of Azerbaijan:
|
Jan. – May. 2020 |
Jan. – May. 2019 |
||||
|
Countries |
Trade turnover |
Specific share (in percent) |
Countries |
Trade turnover |
Specific share (in percent) |
|
Italy |
$2.4 billion |
34.84 |
Italy |
$2.5 billion |
29.68 |
|
Turkey |
$1.2 billion |
17.92 |
Turkey |
$982.6 million |
11.41 |
|
Israel |
$311.1 million |
4.46 |
China |
$602.9 million |
7 |
|
India |
$284.8 million |
4.09 |
India |
$479.1 million |
5.56 |
|
Russia |
$278.8 million |
4 |
Germany |
$448.3 million |
5.2 |
In general, Azerbaijan’s exports decreased by 19.1 percent over the reporting period compared to the same period of 2019 and amounted to $6.9 billion.
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