Azerbaijan significantly increases spending on electronics imports from Turkiye

From January through April 2022, Azerbaijan imported electronics and electric goods worth $69.431 million from Turkiye, Report informs, citing the Turkiye Exporters' Assembly (TIM).

According to TIM, this figure is 45.3% more than in the same period last year.

In April alone, Turkiye exported $19.446 million worth of electric goods and electronics to Azerbaijan, 41.6% more than a year earlier.

In the first four months of 2022, Turkiye's total exports of electronics and electric goods increased by 10.3% year-on-year to $4.926 billion, and in April, the value of exports of these products increased by 12% to $1.401 billion.