BAKU, Azerbaijan, April 11. The volume of trade transactions between Azerbaijan and Saudi Arabia totaled $7 million from January through February 2025.
The data obtained by Trend from the Azerbaijani State Customs Committee indicates this figure's year-on-year growth by 1.6 million (29 percent).
During the reporting period, trade turnover with Saudi Arabia amounted to 0.08 percent of Azerbaijan's total trade turnover.
Azerbaijan's export to Saudi Arabia was valued at 484,000 during the first two months of this year, up $195,000 (28.7 percent) compared to the same period last year.
Meanwhile, Azerbaijan conducted import transactions worth $6.5 million from Saudi Arabia during the reporting period, marking a year-on-year increase of $1.8 million (37.3 percent).
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.