Azerbaijan raises cost of importing automobile industry products from Turkiye by 24%

In 2022, Azerbaijan imported automobile industry products worth $153.339 million (+24%) from Turkiye, Report informs, citing the Turkish Exporters' Assembly.

Only in December of last year, Turkiye exported $11.306 million worth of automobile industry products to Azerbaijan, which is 12.3% less compared to the previous year.

Last year, the value of Turkiye's total automobile industry exports increased by 5.7% year-on-year to $30.996 billion and in December by 6.7% to $3.157 billion.