Azerbaijan's cost of importing vehicle parts jumps 56%

In January–October of this year, Azerbaijan imported vehicles and their parts worth $2,256,469,540 (+$812,224,410, or 56.23%), Report informs, citing the State Customs Committee.

During the reporting period, the import of vehicles and their parts made up 15.92% of the total imports of Azerbaijan.

In the first ten months of 2023, Azerbaijan conducted trade transactions with foreign countries worth $43.520 billion. Exports accounted for $29.346 billion of the 10-month foreign trade turnover, while imports made up $14.174 billion.