Azerbaijan-Turkey trade falls 3%

Business
  • 01 December, 2021
  • 12:52
Azerbaijan-Turkey trade falls 3%

In January-October this year, Azerbaijan-Turkey trade amounted to 3.497 billion, Report informs referring to the State Customs Committee.

This is $93.964 million or 2.61% less than in the same period last year.

During the reporting period, the trade turnover between the two countries amounted to 13.36% of the total foreign trade.

The value of Azerbaijan’s export to Turkey for ten months of this year amounted to $2.9 billion, which is $310.007 million or 13.36% less than a year earlier.

The cost of Azerbaijan’s imports from Turkey amounted to $1.488 billion, which is $216.110 million or 17% more than a year ago.

Azerbaijan’s exports to Turkey amounted to 11.93% of the total export volume, and imports from Turkey - 15.94% of the total imports.