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Сентябрь
2020

"Saturation" Limit of Oil Exports

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The government announced the country's half-year foreign trade turnover. It was revealed that the total volume of Azerbaijan's exports in January-July this year amounted to 9.1 billion US dollars. Of this, only 1 billion USD was non-oil exports. If we export only $ 1 of non-oil goods for every $ 9, it means that the non-oil sector is non-existent. Our annual non-oil exports last year amounted to 1.9 billion US dollars. This shows the productive capacity of our economy, which we see ...



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