BAKU, Azerbaijan, Aug. 5
By Zeyni Jafarov - Trend:
The export volume from Azerbaijan to the UK exceeded $137 million from January through June 2021, which is by 15.7 times more compared to the same period of 2020, Trend reports with reference to the statistic bulletin of the Azerbaijani State Customs Committee.
The UK's share in Azerbaijan's total export volume reached 1.56 percent compared to 0.11 percent during the first six months of 2020.
The import volume of UK’s products to Azerbaijan amounted to $137.4 million by the end of June 2021 while UK’s share in a total import volume of Azerbaijan decreased by 0.1 percentage points for the year, reaching 2.55 percent of the total volume.
The volume of foreign trade operations between the two countries as of the first half of 2021 approached $275 million, while the trade balance between Azerbaijan and the UK remained negative for the reporting period and is estimated at $177,000.
In general, Azerbaijan's foreign trade turnover amounted to $14.2 billion in the first half of 2021. Some $8.8 billion (62.04 percent) of that volume accounted for export while import - $5.4 billion (37.96 percent).
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