Positive balance of Azerbaijan's foreign trade turnover more than doubles

Kanan Sadigov
Author

In 2022, Azerbaijan conducted trade transactions with foreign countries worth $52.686 billion, 55.4% more than a year ago, Report informs, citing the State Customs Committee.

Over the year, exports increased by 71.8% to $38.147 billion, the imports grew by 24.2% to $14.540 billion.

Consequently, a positive balance of $23.607 billion, 2.2 times more than a year ago, was formed in foreign trade.

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