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Trade turnover between Azerbaijan and Russia cranks up in 11M2024

Economy Materials 19 December 2024 17:52 (UTC +04:00)
Trade turnover between Azerbaijan and Russia cranks up in 11M2024
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, December 19. Trade between Azerbaijan and Russia from January through November 2024 grew to $4.38 billion.

Data obtained by Trend from the State Statistical Committee of Azerbaijan shows that the figure increased by $426.44 million (10.8 percent) compared to the same period last year.

During this period, trade with Russia accounted for 10.16 percent of Azerbaijan's total trade turnover.

Azerbaijan's exports to Russia amounted to $1.08 billion, an increase of $409,000 (0.04 percent) compared to last year.

Exports to Russia represented 4.45 percent of Azerbaijan's total exports.

Imports from Russia rose by $426.03 million (14.8 percent), reaching $3.29 billion, and imports from Russia made up 17.55 percent of Azerbaijan's total imports.

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