Azerbaijan-Russia trade down 17% in 2012
2013-01-22 10:41:46
Azerbaijani-Russian trade turnover fell 17.3 percent last year to $2.34 billion, Azerbaijan’s State Customs Committee said on Monday.
Azerbaijan’s exports to Russia dropped 19.2 percent (to $959,838,000), and its imports were down 16 percent ($1.38 billion).
Azerbaijan’s negative trade balance was over $418 million in 2012, compared to $453.2 million in 2011.
Russia accounted for 4.1 percent of Azerbaijan’s total export and 14.28 percent of its import in 2012.