Bank Of Baku

Azerbaijan’s foreign trade turnover reaches $24.4 billion in first half of 2024

Azerbaijan’s foreign trade turnover reaches $24.4 billion in first half of 2024
# 17 July 2025 10:43 (UTC +04:00)

Azerbaijan's foreign trade turnover amounted to $24.4 billion in the first half of this year — a 12.1% increase compared to the same period last year, APA-Economics reports, citing the State Customs Committee.

Of the total turnover, $12.88 billion came from exports and $11.52 billion from imports.

While exports decreased by 0.2%, imports rose sharply by 29.9% over the past year.

As a result, the positive trade balance shrank nearly threefold, dropping to $1.36 billion.

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