In January-November 2023, the trade turnover between Azerbaijan and India amounted to 1 billion USD 107.9 million, APA-Economics reports citing State Customs Committee of Azerbaijan.
Volume of this indicator decreased by 40% or USD 751.1 million compared to the corresponding period of 2022. Thus, in January-November 2022, the volume of trade turnover between Azerbaijan and India was USD 1 billion 859.1 million.
During the reporting period, the volume of exports from Azerbaijan to India decreased by 44.4% to USD 924.5 million, and the volume of exports from India to Azerbaijan decreased by 6.7% to USD 183.4 million.
Noted that India ranks third among the countries to which Azerbaijan exports crude oil.
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