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Friday March 14 2025

Non-oil exports gain momentum, strengthening Azerbaijan’s trade outlook [COMMENTARY]

14 March 2025 16:55 (UTC+04:00)
Non-oil exports gain momentum, strengthening Azerbaijan’s trade outlook [COMMENTARY]
Akbar Novruz
Akbar Novruz
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Azerbaijan's foreign trade turnover saw a notable increase in January 2025, reaching $4.1 billion, according to the State Statistics Committee. Of this, 50.3 percent was exports and 49.7 percent was imports, resulting in a positive trade balance of $21.1 million. Compared to the same period last year, foreign trade turnover grew by 9.3 percent in real terms. Is the positive balance sustainable?

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