Azerbaijan reduces spending on pharmaceutical imports
Business
- 23 November, 2025
- 11:22
In January-October 2025, Azerbaijan imported pharmaceutical products worth $424.755 million.
Report informs with reference to the country's State Customs Committee that this is 1.3% less compared to the same period in 2024.
At the same time, Azerbaijan also exported pharmaceutical products worth $2.217 million, which is 13.3% less year-on-year.
Imports of pharmaceutical products accounted for 2.21% of Azerbaijan's total imports, while exports accounted for 0.01% of total exports.
Overall, Azerbaijan conducted foreign trade operations worth $40.862 billion in the first ten months of 2025. Of this, $21.637 billion came from exports and $19.225 billion from imports. Over the past year, exports declined by 4.9%, while imports rose by 15.6%.
Latest News
10:39
CBA official: AI speeding up product development
Finance10:33
Trump says pilots are fine after US helicopter crashes near Strait of Hormuz
Other countries10:33
Georgian FM praises talks with Jeyhun Bayramov in Istanbul
Region10:22
CBA official says rising costs and fraud are key challenges for financial sector
Finance10:10
Global oil prices fall
Energy09:52
Azerbaijani oil price exceeds $100 per barrel
Energy09:38
European engineers' forum showcased intellectual potential of Azerbaijanis abroad - REVIEW
Foreign policy09:34
Azerbaijan to face San Marino in friendly match
Football09:32