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

Kanan Sadigov
Author

From January through August 2022, Azerbaijan conducted trade transactions with foreign countries worth $35.113 billion, 73.1% more than a year ago, Report informs, citing the State Customs Committee.

Over the past eight months, exports doubled to $26.245 billion, the imports increased by 20.7% to $8.868 billion.

As a result, a positive balance of $17.376 billion, 3.1 times more than a year ago, was formed in foreign trade.

Other News

Azerbaijans furniture imports fall 22.2% in January–September 21 October, 2026 / 21:47
Italy, Azerbaijan discuss stronger economic and industrial ties 21 October, 2026 / 21:45
Azerbaijan-Kyrgyz Development Fund capital doubled to $200 million 21 October, 2026 / 17:16
AHK Azerbaijan: Concrete projects needed to attract investors 21 October, 2026 / 13:48
Aytan Akhundova: Absence of insurance provisions in transport legislation creates risks for Azerbaijani carriers 21 October, 2026 / 12:03
More than half of European companies plan to expand business in Azerbaijan 21 October, 2026 / 11:33
Mikayil Jabbarov heading to Italy for two-day visit 21 October, 2026 / 10:22
Leonardo Art School and MiniBoss Business School launch joint creative entrepreneurship program 20 October, 2026 / 15:26
Azerbaijans imports of Georgian-made goods rise 5.3% 19 October, 2026 / 23:14
Azerbaijan ranks third among Georgia's car export markets 19 October, 2026 / 20:13
Azerbaijan tops Georgia's car parts export destinations 19 October, 2026 / 20:00
Azerbaijan, Netherlands sign metrology cooperation memorandum 19 October, 2026 / 19:07
Azerbaijan-Georgia trade rises 14.2% in January-September 19 October, 2026 / 18:32
Ambassador: Azerbaijan, Georgia aim to exceed $2B in bilateral trade 19 October, 2026 / 13:31
Victor Kipiani proposes creating common free trade zone in South Caucasus 19 October, 2026 / 12:24
Azerbaijan's foreign trade turnover rises more than 5% 19 October, 2026 / 10:05
Azerbaijan's exports to Armenia surpassed $23M in nine months 19 October, 2026 / 09:54
Azerbaijan's revenues from gold export to Switzerland rises nearly 30% 16 October, 2026 / 18:01
Ilgar Hasanov: Azerbaijan aligns domestic production with global standards 16 October, 2026 / 15:05
Azerbaijan sees tenfold surge in new state standards 16 October, 2026 / 14:47