Azerbaijan starts importing electric cars from three new markets

During the first ten months of 2022, Azerbaijan imported 368 electric cars (vehicles powered by an electric motor only) for $12.746 million, 3.5 times and 5 times, respectively, more year-on-year, Report informs, citing the State Statistical Committee.

During the reporting period, Azerbaijan imported 195 cars (+11 times) worth $6.696 million (23 times more than a year ago) from China, 35 cars (+2.3 times) from Germany for $2.586 million (+2.2 times), 42 cars (+2.1 times) from the United States of America for $1.531 million (+2.5 times), 16 cars (no supplies a year ago) from Belgium for $949,910 and 52 cars (+93%) from Israel for $493,540.

This year, for the first time in the last 11 years (note: publicly available official statistics on foreign trade published since 2011), supplies were made from the Czech Republic and New Zealand: 1 electric car worth $21,500 and 1 electric car worth $142,000, respectively.

Thirty-six percent of the 160 electric cars brought to Azerbaijan from abroad (12 countries) last year were imported from China, 16.9% from Israel, and 15.6% from the US.