BAKU, Azerbaijan, March 29. The trade turnover of Azerbaijan with European countries exceeded $4.19 billion from January through February 2022 and the share of these countries in the total foreign trade turnover of Azerbaijan amounted to 80.68 percent, Trend reports citing the bulletin of the State Customs Committee (SCC) of Azerbaijan Republic.
Comparative table of trade turnover between Azerbaijan and European countries
| January through February 2022 | January through February 2022 | ||||
| Country | Exports ($) | Share (percent) | Country | Imports ($) | Share (percent) |
| Italy | 3.07 billion | 51,5 | Italy | 45.08 million | 2,29 |
| Greece | 201.85 million | 3,38 | Greece | 4.8 million | 0,25 |
| Portugal | 181.67 million | 3,04 | Portugal | 1.6 million | 0,08 |
| Czech Republic | 89.40 million | 1,5 | Czech Republic | 5.7 million | 0,29 |
| Spain | 80.79 million | 1,35 | Spain | 9.1 million | 0,46 |
| Romania | 65.15 million | 1,09 | Romania | 22.6 million | 1,15 |
| Austria | 55.96 million | 0,94 | Austria | 9.01 million | 0,46 |
| Germany | 56.04 million | 0,94 | Germany | 89.58 million | 4,54 |
| Ireland | 50.06 million | 0,84 | Ireland | 3.46 million | 0,18 |
| Bulgaria | 19.51 million | 0,33 | Bulgaria | 3.04 million | 0,15 |
| Holland | 6.07 million | 0,1 | Holland | 12.20 million | 0,62 |
| Luxembourg | 3.45 million | 0,06 | Luxembourg | 577,270 | 0,03 |
| Sweden | 2.05 million | 0,03 | Sweden | 11.38 million | 0,58 |
| Lithuania | 1.63 million | 0,03 | Lithuania | 3.32 million | 0,17 |
| Latvia | 489,090 | 0,01 | Latvia | 2.38 million | 0,12 |
| France | 439,000 | 0,01 | France | 24.55 million | 1,24 |
| Estonia | 249,800 | 0 | Estonia | 1.46 million | 0,07 |
| Hungary | 226,110 | 0 | Hungary | 5.97 million | 0,3 |
| Belgium | 141,550 | 0 | Belgium | 15.23 million | 0,77 |
| Finland | 44,850 | 0 | Finland | 3.67 million | 0,19 |
| Malta | 15,660 | 0 | Malta | 26,750 | 0 |
| Cyprus | 180 | 0 | Cyprus | 490,940 | 0,02 |
| Slovakia | 0 | 0 | Slovakia | 6.38 million | 0,32 |
| Slovenia | 0 | 0 | Slovenia | 2.64 million | 0,13 |
| Croatia | 0 | 0 | Croatia | 4.03 million | 0,2 |
| Denmark | 0 | 0 | Denmark | 1.57 million | 0,08 |
| Total | 3.88 billion | 65,17 | Total | 305.9 million | 15,51 |
Azerbaijan's trade turnover with European countries increased by 129.6 percent from January through February 2022, or $2.36 million year-on-year. The share of these countries in the total volume of import-export operations in Azerbaijan increased by 6.4 percent - up to 80.68 percent.
Azerbaijan's foreign trade turnover increased by 44.5 percent or $3.54 billion from January through February 2022 compared to the same period last year - from $4.39 billion to $7.94 billion.
Exports accounted for $5.96 billion in the structure of foreign trade turnover, which is $3.17 billion (114 percent) more than from January through February 2021. The share of exports in foreign trade turnover amounted to 75.1 percent against 63.3 percent in 2021.
Azerbaijan's imports increased by $361 million, or 22.3 percent, from $1.61 billion to $1.97 billion from January through February 2022. The share of imports in the foreign trade turnover amounted to 24.8 percent against 36.6 percent a year earlier.