BAKU, Azerbaijan, August 17. The trade turnover between Azerbaijan with 10 major trading partners amounted to $22.3 billion from January through July 2022 (an increase by 77.11 percent or $9.7 billion), Trend reports citing the Azerbaijani State Customs Committee (SCC).
According to the committee, Italy retained the status of Azerbaijan's largest trading partner with a turnover of about $11 billion (an increase of 139.74 percent over the year). Türkiye is the second trading partner with more than $ 3.3 billion (an increase of 35 percent over the year) and Russia – $ 1.8 billion (an increase of 20.86 percent over the year).
Comparative table of TOP-10 trading partners of Azerbaijan:
|
January-July 2022 |
January-July 2021 |
||||
|
Country |
Trade turnover ($) |
Share (percent) |
Country |
Trade turnover ($) |
Share (percent) |
|
Italy |
$11 million |
36.84 |
Italy |
$4.6 million |
26.11 |
|
Türkiye |
$3.3 million |
11.24 |
Türkiye |
$2.5 million |
14.14 |
|
Russia |
$1.8 million |
6.23 |
Russia |
$1.5 million |
8.76 |
|
India |
$1.18 million |
3.94 |
China |
$964,484 |
5.45 |
|
China |
$1.14 million |
3.82 |
Spain |
$557,748 |
3.15 |
|
Israel |
$1 million |
3.48 |
Germany |
$525,761 |
2.97 |
|
UK |
$903,996 |
3.01 |
Croatia |
$498,654 |
2.82 |
|
Greece |
$670,431 |
2.23 |
Georgia |
$480,383 |
2.72 |
|
Germany |
$605,359 |
2.01 |
Israel |
$475,976 |
2.69 |
|
Czech Republic |
$505,346 million |
1.68 |
Ukraine |
$466,942 |
2.64 |