Azerbaijan increases export to Turkey more than by $1 bn


January 21, Fineko/abc.az. Azerbaijan and Turkey carried out trade turnover for $4.509 bn in 2019.

ABC.AZ reports with reference to the State Customs Committee that this is by $1.106 bn or 32.52% more than in 2018.

In 2019 the share of trade turnover between the two countries made up 13.54% of total foreign trade. In 2019 Azerbaijan's exports to Turkey totaled $2.86 bn (by $1.036 bn or 56.78% more against 2018).

Over the reporting period Azerbaijan's imports from Turkey reached $1.646 bn (by $69.936 million or 4.43% more against 2018).

Azerbaijan's share in the total export makes up 12.58% and import 12.05% for 2019.