The share of 10 countries accounts for 57.4% of Azerbaijan's foreign trade turnover for the 10 months of this year.
Partners of Azerbaijan in foreign trade from January to October were representatives of 147 countries, with 10 of which the turnover exceeded $ 1 billion.
According to the State Customs Committee, Italy accounts for 17.59 % of the country 's foreign trade turnover with the index in excess of $ 5 billion with 96 % of the turnover being oil exports to Italy.
Oil exports to Indonesia and Thailand amounted to $ 4.7 billion.
Russia ($ 2,176 million) is in the third place in Azerbaijan's trade turnover. The trade between Azerbaijan and Russia can be considered diversified - the import of Russian goods in January - October 2013 totaled $ 1,278.8 million and the exports to Russia were $ 897.5 million. Russia is the largest exporter of goods to Azerbaijan. It is followed by Turkey, which has exported goods worth 1,209 million to Azerbaijan since the beginning of this year. Britain exported goods totaling over $ 1 billion. It accounted for 11.5 % of the Azerbaijani imports. - 08D -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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