During the reporting period, Azerbaijan exported goods to Georgia worth $309.5 million, which is by 15.7 percent less compared to the same period of 2019. Italy has so far invested $770 million in Azerbaijan’s economy, while Azerbaijan's investments in Italian economy amount to $1.7 billion. It should be noted that Italy is one of Azerbaijan’s main trade partners in the world and some 113 Italian companies, operating in various fields, are registered in Azerbaijan. The volume of bilateral trade between Azerbaijan and Mexico amounted to $34.5 million during the period of January-July 2020, making Mexico one of Azerbaijan’s main trade partners among Latin America countries. Explore … Earlier it was reported that Azerbaijan accounted for 59.3 percent of neighboring Georgia’s exports of bitumen in the period between January-July 2020, and became the country’s largest exporter of bitumen.
Azerbaijan (FlagPictures) Strategically positioned at the confluence of southwestern Asia with southeastern Europe north of Iran and south of Russia, the Republic of Azerbaijan shipped US$19.6 billion worth of goods around the globe in 2019. The bilateral trade between two countries … Azerbaijan Georgia's largest bitumen exporter, Azerbaijan exports non-oil products worth $1bn in 2020, Azerbaijan Georgia’s 4th largest trade partner in 2020, Azerbaijan's trade turnover with Moldova amounts $5.7m in 2020, Italy Azerbaijan's main trading partner in Jan-Aug, Russia Azerbaijan's top trade partner among CIS countries in 2020, Azerbaijan's exports to Kazakhstan up by 14.4 pct in 2020, Trade turnover with the Netherlands hits $55.6m in 1H2020, Trade turnover with Russia up by 6.1 pct in 1H2020, Azerbaijan's forest nuts export hit $54.4m in 1H2020. Publish your articles and forecasts in our website. Some 46.7 million tons of cargoes were transported by air during the first eight months of the year. Turkey was Azerbaijan’s second trade partner in 2020 with $2.5 billion-trade turnover followed by Russia with the trade turnover of $1.5 billion. During the reporting period, the country's trade turnover with Iran amounted to $60.1 million, with the UAE - $6.1 million, and with Saudi Arabia - $2.7 million. globalEDGE - Your source for business knowledge Menu. Thus, Azerbaijan is the fourth largest trading partner of the neighboring country after Turkey, Russia and China. 1998-2020 Data | 2021-2022 Forecast | Historical | Chart. Azerbaijan was the fourth largest trading partner of neighbouring Georgia in the period between January and August this year with the trade turnover between the two countries amounting to $594 million in the reporting period. Azerbaijan’s main trading partners are Italy, the United Kingdom, the United States, Turkey, Israel, France, Indonesia, Russia, Germany and India. Azerbaijan's share in Georgia's total trade turnover was 8.5 percent. Azerbaijan is one of Italy’s three main energy resources suppliers and the implementation of the Trans-Adriatic Gas Pipeline project will raise cooperation between two countries. Azerbaijan Trade Statistics . Most of all, Azerbaijan imported products from Switzerland, Russia, Turkey, China and the US.
Azerbaijan Trade Statistics. Its share of the trade turnover with CIS countries is approximately 50%. Exports compared to the same period of 2018 increased by 16.9 percent and reached $8.62 billion. Some $5.9 billion of trade operations fell on imports and $9.1 billion on exports. Business 15 June 2019 14:01 (UTC+04:00 ) Baku, Azerbaijan, June 15. Some 591.4 million tons of cargoes were transported by sea during the reporting period.
Azerbaijan’s primary trading partners are Russia, Turkey, China, and Italy; the country also has trade links with Georgia, Belarus, Britain, Israel, and the Central Asian republics. The economy of Azerbaijan has completed its post-Soviet transition into a major oil based economy (with the completion of the Baku-Tbilisi-Ceyhan Pipeline), from one where the state played the major role. The main product exported from Mexico to Azerbaijan is related to to energy and transport sectors, mainly reflected in the sale of pipes for the oil sector and cars of various size used for urban transport.
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