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Azerbaijan boosts spending on import of vehicles and their details

Economy Materials 25 March 2025 00:23 (UTC +04:00)
Azerbaijan boosts spending on import of vehicles and their details
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, March 25. Azerbaijan imported vehicles and their details totaling $353.8 million from January through February of this year.

Data obtained by Trend from the State Customs Committee shows that this figure grew by $25.9 million or 7.9 percent compared to the same period of 2024 ($327.9 million).

During the reporting period, the import of the said vehicles accounted for 8.55 percent of the country's total imports.

The volume of foreign trade turnover of Azerbaijan for the reporting period amounted to $8.9 billion, which is $1.7 billion or 23.2 percent more than in the same period last year ($7.2 billion).

Of the trade turnover, exports accounted for $4.8 billion and imports $4.1 billion which is $13 million (0.3 percent) less and $1.7 billion (69.2 percent) more than a year ago.

The foreign trade surplus amounted to $628 million, which is $1.7 billion or 3.7 times less than a year ago.

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