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Turkey-Azerbaijan trade turnover grows in October 2021

Türkiye Materials 1 December 2021 15:35 (UTC +04:00)
Turkey-Azerbaijan trade turnover grows in October 2021

BAKU, Azerbaijan, Dec. 1

Trend:

Trade turnover between Turkey and Azerbaijan in October 2021 grew, the Turkish Ministry of Trade told Trend.

According to the ministry, this figure reached $367.1 million, up by $102.4 million in monthly terms.

In October this year, Turkey’s export and import operations with Azerbaijan totally exceeded $183.5 million, the ministry said.

Besides, in the first 10 months, the trade turnover between the two countries increased by $564.7 million compared to the same period of 2020, amounting to over $2.3 billion.

During the specified period, Turkish exports to Azerbaijan made up almost $1.75 billion, while imports - $624 million, the ministry noted.

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

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