Trade between Azerbaijan and Russia tops $420m

The trade between Azerbaijan and Russia reached $424,109,000 in January-February of this year. The State Customs Committee of Azerbaijan reports that production in the amount of $196,528,000 was supplied to Russia in two months and this makes up 4.7% of Azerbaijan's overall export. In the same period, import reached $227,581,000 which constituted 1,588% of Azerbaijan's import. The negative balance in trade reached $31,053,000. The export of products from Azerbaijan rose by 60% and import by nearly 31% over the same period of 2012. (News.Az)