Azerbaijan’s export to Turkey increased by more than 2 times
In the January-March months of this year, volume of trade turnover between Azerbaijan and Turkey has made up USD 1, 118 bln, and this is 51% more than in comparison to the same period of 2020, Baku Tribune reports.
In the January-March months of this year, volume of trade turnover between Azerbaijan and Turkey has made up USD 1, 118 bln, and this is 51% more than in comparison to the same period of 2020, Baku Tribune reports.
According to the calculations, in the first term of the current year, the volume of the export from Azerbaijan to Turkey has made up 739,386 mln dollars, and this is 2,1 times more in comparison to the same period of 2020. While the volume of the import has been equal to 378 886 mln dollars and this figure decreased by 2,8% less in annual comparison.
As a result, in the first term of 2021, 360,5 mln dollars of positive balance occurred. However, in the analogical period of the previous year, 39 198 mln dollars of negative balance has occurred.
The Rocket and Artillery formations of the Azerbaijan Army conduct live-fire exercises in accordance with the combat training plan for 2021, the Ministry of Defense of Azerbaijan told Baku Tribune.
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Editor's note: Eugene Chausovsky is a senior analyst at the Newlines Institute. Chausovsky previously served as senior Eurasia analyst at the geopolitical analysis firm Stratfor for more than 10 years. His work focuses on political, economic, and security issues pertaining to Russia, Eurasia, and the Middle East.
