BAKU, Azerbaijan, March 18. The trade turnover between Azerbaijan and Russia exceeded $405 million from January through February 2022, the Azerbaijani State Customs Committee told Trend .
The trade turnover between Azerbaijan and Russia increased by almost 22 percent compared to the same period of 2021.
According to the State Customs Committee, Azerbaijan’s export to Russia exceeded $123 million (increase of 38 percent) while import from Russia - $282.3 million (increase of 16 percent) during the reporting period.
Russia's share in Azerbaijan's foreign trade turnover amounted to 5.1 percent from January through February 2022.
The trade turnover between the two countries amounted to about $3 billion in 2021, which is by over 12 percent more than in 2020.