Where and what does Azerbaijan export the most among European countries? |
“Azerbaijan main foreign trade partners for the current conditions European Union countries and Europe Union. Because, as is known, the largest share in the foreign trade of our country is oil and gas has exports. The end of these directions 10 over the years Azerbaijan the main export market for is the EU”.
Economist Elshad Mammadov said this in his statement.
According to him, our main foreign trade partner in the EU is Italy: “Because the export of energy carriers to that region is the largest. This point is considered now Europe countries act as the main export market and the main sources of foreign currency entering the country.
Elshad Mammadov continued: “It should be noted that in the market of energy carriers prices increased sharply. The crisis in the world economy and Ukraine in the territory military related to conflict. It seems that in the world economy political the problems in the plane are deepening and in the coming months we can predict the development of prices on an upward line.
Elshad Mammadov continued: “It should be noted that in the market of energy carriers prices increased sharply. The crisis in the world economy and Ukraine in the territory military related to conflict. It seems that in the world economy political the problems in the plane are deepening and in the coming months we can predict the development of prices on an upward line.
Prices growing and changing. Undoubtedly, this cannot be considered a picture that fully satisfies us. Because we need to diversify exports and increase the share of non-oil and non-raw materials exports. But I think that as we realize these goals, neighboring countries will be more priority directions for us. Because one of the main factors of foreign trade should be the development of regional cooperation and foreign trade with neighboring countries as a priority. Therefore, as we diversify foreign trade and exports, and if we achieve an increase in the share of technological products in exports, it goes without saying that foreign trade in geography will change from the point of view of exports, and neighboring countries will be a priority.” (Sia.az)