CBA: Azerbaijan's non-oil exports increased nearly by 10%
  • ECONOMY

  • 18:53 29 March 2019

CBA: Azerbaijan's non-oil exports increased nearly by 10%

In 2018, Azerbaijan had trade relations with about 185 countries. 12% of foreign trade was with member states of CIS and 88% with other foreign countries, ONA reports citing the Central Bank of Azerbaijan (CBA).

Oil amounted to USD 17,2 bln. exported to foreign countries. Oil refining products amounted to USD 620,5 mln and crude oil export was USD 16,6 bln.

In 2018 non-oil exports increased by 9.8 % compared to the previous year amounted USD 1,6 bln. In the reporting year, commodity imports increased by 21.2% compared to 2017 amounted to USD 11 bln. Commodity exports totalled USD 20.8 bln (37.2% increase).

Aida Tinayeva

Tags: CBA non-oil export

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