Azerbaijan's foreign trade surplus hits $7.5bn

Economy 17:30 30.11.2021

Azerbaijan’s foreign trade surplus amounted to $7.5 billion in January-October 2021, the State Customs Committee has reported.

During the first 10 months of the year, the country's trade turnover amounted to $26.1 billion. Of the total turnover, export amounted to $16.8 billion or 64.3 percent, while import was $9.3 billion or 35.6 percent, resulting in a surplus of $7.5 billion.

Moreover, legal entities and individual entrepreneurs in the country carried out trade operations with partners in 185 countries.

In terms of export, the EU countries accounted for $9.7 billion or 57.6 percent, the CIS countries for $1.4 billion or 8.5 percent, and other countries for $5.6 billion or 33.7 percent of the country's total export. 

As to the import, the CIS countries accounted for $2.2 billion or 24.3 percent, the EU countries accounted for $1.7 billion or 18.9 percent and other countries for $5.2 billion for 56.6 percent of the country's imports during the reported period.

Furthermore, 637,066 tons of cargo worth $562.5. million were transported by sea, 5.7 million tons worth $2.4 billion by railway, and 3.8 million tons worth $7.4 billion of cargo by car. Some 57,997 tons of cargo worth $1.1 billion were transported by air in January-October.

In the structure of exports, the main volume came from products of the oil and gas sector with 87.8 percent, while the non-oil and gas sector amounted to 12.1 percent of the total export volume.

Additionally, during the reported months, Azerbaijan's main export transactions were with Italy ($6.6 billion), Turkey ($2 billion),  Croatia ($751.2 million), Russia ($696.9 million) and Israel ($618 million).

Azerbaijan's main import transactions during the first 10 months of the year were with Russia with $1.6 billion, Turkey with $1.4 billion, China with $1.3 billion, Germany with $530.6 million, and the U.S. with $365.7 million.

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

Russia accuses Ukrainian military chief of ordering downing of war prisoner plane
22:10 05.07.2025
Türkiye supports firefighting operations in Syria’s Latakia
22:00 05.07.2025
UNRWA calls for immediate fuel delivery to Israel-blockaded Gaza before shutdown of basic services
21:45 05.07.2025
Pashinyan: Armenia needs new constitution
21:20 05.07.2025
UN chief condemns Russia's recent 'series of large-scale' attacks on Ukraine
21:00 05.07.2025
Kazakh servicemen arrive in Azerbaijan to participate in Tarlan - 2025 exercise
20:45 05.07.2025
Erdogan: US has crucial role in achieving ceasefire in Gaza
20:20 05.07.2025
Building collapse in Pakistan kills 15
19:45 05.07.2025
Turkish FM Fidan to attend 17th BRICS Leaders Summit in Rio de Janeiro
19:30 05.07.2025
Australia pledges $283M for green energy project by explosives maker
19:10 05.07.2025
OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
18:45 05.07.2025
Inter completes signing of Ange-Yoan Bonny from Parma
18:20 05.07.2025
Turkish president sees Zangazur corridor 'as part of the geoeconomic revolution'
18:00 05.07.2025
Turkish president urges Azerbaijan, Russia to show restrain amid tension
17:45 05.07.2025
China says war 'not a solution' to Iranian nuclear issue
17:15 05.07.2025
At least 18 people injured after fire alert on Ryanair plane in Majorca as passengers abandon jet & leap from wing
17:00 05.07.2025
Azerbaijani PM meets with UNESCAP executive secretary
16:45 05.07.2025
Lebanese president affirms coordination with Syria, warns against sectarian tensions
16:15 05.07.2025
21 killed in Israeli strikes on tents, school-turned-shelters in Gaza Strip
16:00 05.07.2025
Turkish construction sector takes on international projects worth $6.2B in first half of 2025
15:45 05.07.2025
Azerbaijani woman wrestler becomes European champion
15:30 05.07.2025
Mayor: Death toll in Russian attacks on Kyiv reached two
15:15 05.07.2025
Texas floods kill 24 people and leave many missing from girls' summer camp
14:45 05.07.2025
Conor McGregor has interest in White House fight after Trump's UFC idea
14:30 05.07.2025
Netanyahu era sees 40% surge in Israeli settlements in occupied West Bank
14:15 05.07.2025
Equatorial Guinea sues France in UN court to block sale of Paris mansion
14:00 05.07.2025
US president 'disappointed' over phone call with Putin
13:45 05.07.2025
Academy of Azerbaijan`s State Security Service hosts graduation ceremony
13:30 05.07.2025
Azerbaijan and Pakistan ink memo in Khankendi
13:15 05.07.2025
Trump says there could be Gaza deal next week
13:00 05.07.2025
First flight from Türkiye to Syria launched
12:45 05.07.2025
US marks its 249th anniversary of independence
12:30 05.07.2025
Azerbaijan's role in regional integration discussed at London conference
12:00 05.07.2025
Uzbek Minister: Mirziyoyev's visit to Azerbaijan crucial for dev’t of transport links
11:45 05.07.2025
Trump says US will start talks with China on TikTok deal this week
11:30 05.07.2025
Prime Minister of Pakistan Muhammad Shehbaz Sharif concludes visit to Azerbaijan
11:15 05.07.2025
Pakistani premier proposes low-emissions corridor at Economic Cooperation Organization summit
11:00 05.07.2025
Rwanda pledges to deliver on its part of US-brokered peace deal with DR Congo
10:45 05.07.2025
Hezbollah rejects calls to disarm before end of Israeli ‘aggression’ against Lebanon
10:30 05.07.2025
Trump says Gaza ceasefire deal may come next week after ‘positive’ Hamas response
10:15 05.07.2025
Hamısı