BAKU, Azerbaijan, April 9. The volume of trade transactions between Azerbaijan and Belgium totaled $8.9 million from January through February 2025.
The data obtained by Trend from the Azerbaijani State Customs Committee indicates this figure's decrease by $5.8 million (39.5 percent) compared to the same period in 2024 ($14.7 million).
Azerbaijan's export to Belgium was valued at $292,000 during the first two months of this year, down $6.3 million (22.7 times) compared to the same period last year ($6.6 million).
However, Azerbaijan conducted import transactions worth $8.6 million from Belgium during the reporting period, marking an increase of $522,000 (6.5 percent) compared to the first two months in 2024 ($8.1 million).
The volume of foreign trade turnover of Azerbaijan amounted to $8.9 billion in the period from January through February of the current year, which is $1.7 billion, or 23.2 percent, more than in the same period last year.
In the reporting period, $4.8 billion of the trade turnover falls on the share of exports and $4.1 billion on the share of imports, which is $13 million, or 0.3 percent less, and $1.7 billion, or 69.2 percent more, respectively, in annual terms.
Over the reporting period, a surplus in foreign trade amounted to $628 million, which is $1.7 billion or 3.7 times less than a year earlier.
