BAKU, Azerbaijan, January 11. Türkiye increased the export of electrical equipment to Azerbaijan by 26.6 percent from January through December 2023 compared to the same period in 2022, bringing it to $263.8 million, the Turkish Ministry of Trade, Trend reports.
In December 2023, this value grew by 57,5 percent year on year to $31.2 million, as the country exported $1.4 billion in electrical equipment, a 2.1 percent increase over the previous year.
Turkish electrical equipment exports increased by seven percent year on year from January to December 2023, totaling $16.2 billion.
Furthermore, Türkiye exported $16.2 billion in electrical equipment in the previous 12 months (December 2022 to December 2023).