BAKU, Azerbaijan, July 12. A total of $1.36 million was transferred from Azerbaijan to China by individuals in the first quarter of 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that this figure is $1.36 million, or 2 times less compared to the same period of 2024 ($2.72 million).
The proportion of outbound remittances from Azerbaijan
attributed to China during the specified timeframe constituted 1.2
percent of the aggregate monetary transfer volume.
In the initial quarter of 2025, the outbound remittance flow from
individuals in Azerbaijan to international jurisdictions totaled
$112.6 million, reflecting a contraction of $18.8 million, equating
to a 14.3 percent decline on a year-over-year basis.
In the interim, the aggregate remittances dispatched to Azerbaijan
by expatriates amounted to $229.4 million, reflecting a decrement
of $64.9 million, or a contraction of 22.1 percent, relative to the
analogous timeframe of 2024.
