Azerbaijan’s foreign trade surplus amounted to $19.2 billion from January to September 2022, Azernews reports per the State Customs Committee. The country’s trade turnover amounted to $39.8 billion in the first three quarters of the year. Of the total turnover, export amounted to $29.5 billion, or 74.1 percent, while import was $10.2 billion, or 25.8 … Read more
The trade turnover between Azerbaijan and Moldova has increased by four times in comparison with the last year to reach $13.5 million in January-August of this year, said Azerbaijan’s Deputy Minister of Economy Sahib Mammadov at the meeting between Moldovan PM Natalia Gavrilita and representatives of local business circles in Baku. “In comparison with the … Read more
Azerbaijan is turning into a logistics center for the transshipment of cars from Europe to the East, in particular to the countries of Central Asia, Press Secretary of Baku International Sea Trade Port CJSC Elmar Habibli told Trend. According to him, today the port registers a large flow of premium class passenger cars, which are … Read more
A roundtable on “Azerbaijan 2022: energy source and logistics hub for Europe and Asia” has been held in Geneva, Switzerland. The event was organized by the Geneva Chamber of Commerce, Industry and Services (CCIG) with the support of the Joint Chamber of Commerce (JCC) Switzerland-Eastern Europe, Central Asia, South Caucasus, Small and Medium Business Development … Read more
The volume of Azerbaijan’s foreign trade turnover amounted to $30.6 billion in January-July 2022, Azernews reports, citing the State Statistics Committee. Out of the total turnover, exports amounted to $23.1 billion, or 75.6 percent, while imports amounted to $7.4 billion, or 24.4 percent. Overall, the country’s foreign trade turnover resulted in a surplus of $15.6 … Read more
Azerbaijan’s Deputy Minister of Economy, Co-Chair of the Joint Commission on Economic, Scientific-Technical and Cultural Cooperation between the Government of Azerbaijan and the Government of the Czech Republic Sahib Mammadov has met with Ambassador of the Czech Republic to the country Milan Sedláček. Highlighting the potential for strengthening the economic and trade partnership, Mammadov described … Read more
Italy was Azerbaijan’s top export market in January-July of this year, according to the State Customs Committee. Official statistics suggests that Italy, Greece and Croatia were the largest export destinations of Azerbaijan in first seven months of this year. The volume of export with Italy made $10.901 billion, while it amounted to $659.7 million with … Read more
Azerbaijan and Georgia have discussed the launch of a container block train between the Port of Baku in Alat, and the ports of Poti and Batumi, Azernews reports per the Azerbaijani Ministry of Digital Development and Transport. The discussion was held during the meeting of Minister Rashad Nabiyev with Georgia’s Deputy Prime Minister, Minister of … Read more
Due to the technical capabilities of the Port of Baku, the provision of efficiency in transportation with the application of modern logistics solutions, comfortable conditions for cargo owners, and many other factors, the volume of cargo attracted to the port is increasing intensively. In addition to the increase in the total volume of cargo transported … Read more
During the first 6 months of this year, a significant increase was observed in the number of wagons transported through the Port of Baku, as well as other types of cargo. So, if during the first six months of last year, 14,603 wagons were transported in the Port of Baku, this indicator increased by 25.8% … Read more