BAKU, Azerbaijan, April 10. The trade turnover between Azerbaijan and Ireland from January through February 2025 has reached $47.9 million, marking an impressive increase.
Data obtained by Trend from the State Customs Committee indicates that this represents a growth of 34.5 times, or $111.4 million, compared to the same period last year.
Trade with Ireland accounted for 1.29 percent of Azerbaijan's total trade turnover during the reporting period.
Azerbaijan's exports to Ireland amounted to over $109.2 million during the reporting period, a significant rise from the previous year when there were no exports recorded to Ireland.
Simultaneously, Azerbaijan imported $5.6 million worth of goods from Ireland, showing a 68.2 percent, or $2.3 million, increase compared to the same period in 2024
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.