BAKU, Azerbaijan, April 3. The trade turnover between Azerbaijan and the US amounted to $103.8 million from January through February 2025.
Data obtained by Trend from the State Customs Committee indicates that this represents a decline of 16.2 percent compared to the same period in the previous year, with a reduction of about $20.1 million.
Moreover, trade with the US made up 1.16 percent of Azerbaijan's total trade turnover during the reporting period.
Exports from Azerbaijan to the US totaled around $10.3 million, showing an increase of 12.2 percent or $1.1 million from 2024.
To note, imports from the US to Azerbaijan in January-February 2025 amounted to $93.5 million, representing an 18.5 percent decline or $21.2 million less than the same period in the previous year.
The total foreign trade turnover of Azerbaijan in January-February 2025 reached $8.9 billion, marking a 23.2 percent increase or $1.7 billion more than the previous year.
Of this, $4.8 billion was accounted for by exports and $4.1 billion by imports, with exports slightly declining by 0.3 percent, while imports surged by 69.2 percent.
The foreign trade balance for the reporting period showed a positive balance of $628 million, although this represents a decrease of 3.7 times or $1.7 billion compared to the previous year.
