Azerbaijan exported non-oil products worth more than $1 billion to Russia this year

Azerbaijan exported non-oil products worth more than $1 billion to Russia this year
# 23 December 2023 12:07 (UTC +04:00)

In January-November of 2023, Azerbaijan exported non-oil products worth $1 billion 3.8 million to Russia, which is 22.4% more in annual comparison, according to the calculations made by APA-Economics based on the report of the State Customs Committee of Azerbaijan.

During the reporting period, the trade turnover between Azerbaijan and Russia increased by 21% or $687.6 million compared to the corresponding period of last year and amounted to $3 billion 952 million.

Note that during this period, the total export from Azerbaijan to Russia increased by 26% to $1 billion 83.6 million, and the total import from Russia increased by 19.3% to $2 billion 868 million.

Recall that according to the results of January-November of the current year, the share of trade with Russia in the total trade turnover of Azerbaijan has increased to 8.35%.

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