Azerbaijan reduces spending on imports of spare parts for vehicles by 19%

In January-May of the current year, Azerbaijan imported vehicles and spare parts for them worth $864,185,070, marking a 19.45 percent decline from same same period of 2023.

Report informs citing the State Customs Committee that over the past 5 months, imports of vehicles and their spare parts accounted for 11.84% of Azerbaijan's total imports.

In January-May of the current year, Azerbaijan carried out trade operations worth $18,439,272,400 with foreign countries, with exports making $11,138,581,000 and imports settling at $7,300,691,400. Over the past year, exports decreased by 30.9%, while imports increased by 6.75%.