BAKU, Azerbaijan, June 26. The volume of remittances by individuals from Azerbaijan to China amounted to $2.7 million in the first quarter of 2024, Trend reports.
According to calculations based on the data from the Central Bank of Azerbaijan, this indicator increased by 126.18 percent, or $1.5 million, compared to the same period last year.
The share of remittances to China in the total volume of remittances is 2.1 percent.
Meanwhile, the volume of remittances by individuals from Azerbaijan to China amounted to $8.1 million at the end of 2023.
To note, the volume of remittances by individuals from foreign countries to Azerbaijan amounted to $1.6 billion at the end of 2023.
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