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Trade turnover of Azerbaijan with Turkey shows annual growth

Türkiye Materials 4 October 2021 10:04 (UTC +04:00)
Trade turnover of Azerbaijan with Turkey shows annual growth

BAKU, Azerbaijan, Oct.4

Trend:

Trade turnover between Turkey and Azerbaijan increased by $81.7 million in August 2021, compared to August 2020 - up to $248.8 million, the Ministry of Trade of Turkey told Trend.

In the reporting month, exports from Turkey to Azerbaijan amounted to $198 million, and imports from this country - $50.8 million, the ministry said.

From January through August, the trade turnover between the two countries in total increased by $465.5 million compared to the same period of 2020, amounting to $1.76 billion, the ministry noted.

According to the ministry, in the first 8 months of 2021, Turkey’s exports to Azerbaijan amounted to $1.36 billion, imports - $395 million.

In 2020, the trade turnover between Turkey and Azerbaijan increased by $187.2 million compared to 2019, amounting to $2.22 billion. At the same time, exports from Turkey to Azerbaijan amounted to $1.85 billion, and imports - $366 million.

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