Türkiye increases exports to Azerbaijan by 18%

Türkiye’s exports of goods and services to Azerbaijan in January-March 2023 amounted to $570.778 million, up 17.6% from the previous year, Report informs, citing Türkiye Exporters Assembly (TİM).

In March, the exports from Türkiye to Azerbaijan totaled $205.768 million, showing a 15.4% growth in comparison to a year earlier.

Over the past year, the exports of Türkiye dropped 1.1% to $54.317 billion.

The top three countries that imported goods and services from Türkiye in the reporting period are Germany with $4.877 billion (+0.4%), the US with $2.965 billion (-13.6%), and Italy with $2.904 billion (-5%).