Qabil Ashirov read more
Foreign trade turnover increased by 55.4 percent, amounting to
$52.69bn in Azerbaijan in 2022, Azernews reports, referring to a
tweet by Economy Minister Mikayil Jabbarov.
According to the minister, the export grew by 71.8 percent,
totaling $38.15bn, and the import rose by 24.2 percent, amounting
to $15.54bn in 2022. As a result, a $23.61bn foreign trade surplus
emerged, which is 2.2 times more than in 2021.
“Throughout 2022, the #foreigntrade turnover increased by 55.4%
compared to a year earlier and amounted to $52.69 bln., whilst the
export rose by 71.8% and reached $38.15 bln. Growth of exports
reflects increasing production, investments, and the provision of
employment,” the minister tweeted.
Meanwhile, the minister also noted that the non-oil-and-gas
export increased by 12.3 percent amounting to $3bn.
As a result of the measures aimed at the diversification of the
#economy and increasing the export potential, in 2022, compared to
a year earlier, the #export of #nonoil products grew by 12.3% and
reached $3 bln. 48 mln ,” the minister tweeted.
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