In the first quarter of this year, trade operations between Azerbaijan and China amounted to $1.103 billion, the State Customs Committee told APA-Economics.
According to the data, this is 7.3% higher compared to the same period last year.
During the period, trade turnover with China accounted for 11.73% of the country’s total trade turnover.
In January–March, Azerbaijan exported products worth $29.059 million to China, marking a 25.2% annual increase. In the first three months, exports to China accounted for 0.54% of the country’s total exports.
During the reporting period, imports from China to Azerbaijan amounted to $1.074 billion, which is 6.9% higher year-on-year. In this period, imports from China made up 26.83% of Azerbaijan’s total imports.
Note that China is Azerbaijan’s third-largest trading partner.
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