Azerbaijan’s foreign trade surplus plummets

Azerbaijan conducted trade transactions with other countries worth just over $12.048 billion in the first quarter of 2025, 24.3% more year-on-year, Report informs, referring to the country’s State Customs Committee.

In three months, exports accounted for almost $6.386 billion of foreign trade turnover, and imports accounted for nearly $5.663 billion. During the mentioned period, exports grew by 6.7%, while imports rose by 52.6%.

Consequently, there was a surplus of more than $722.93 million in Azerbaijan’s foreign trade turnover for the first quarter of this year, representing a 3.1-fold drop year-on-year.