BAKU, Azerbaijan, March 23. Azerbaijan
exported non-oil products worth $150.8 million to Russia from
January through February 2025.
The data obtained by Trend from the country’s State Customs Committee shows
that this figure decreased by $3.6 million, or 2.3 percent compared
to the same period in 2024.
Export operations with Russia for this period accounted for
31.09 percent of Azerbaijan’s total exports.
Consequently, Russia has become Azerbaijan’s largest trading
partner.
Besides, the volume of trade operations between Azerbaijan and
Russia amounted to $997.9 million from January through February
2025, which is $406.7 million or 68.8 percent more compared to the
same period in 2024.
The trade turnover with Russia amounted to 11.21 percent of
Azerbaijan’s total trade during the reporting period.
Russia ranked third among the countries with which Azerbaijan
conducted most of its trade operations.
Azerbaijan exported $150.9 million worth of goods to Russia from
January through February of this year, which is $4.3 million or 2.7
percent less than in the same period of 2024.
During the reporting period, export operations with Russia
accounted for 3.17 percent of Azerbaijan’s total exports.
Additionally, in the first two months of 2025, import operations
from Russia to Azerbaijan amounted to $847.1 million, marking an
increase of $410.9 million or 94.2 percent year-on-year.
The volume of foreign trade turnover of Azerbaijan for the
reporting period amounted to $8.9 billion. This figure is $1.7
billion, or 23.2 percent more than in the same period last
year.
Of the trade turnover, exports accounted for $4.8 billion and
imports for $4.1 billion, which is $13 million (0.3 percent) less
and $1.7 billion (69.2 percent) more than a year ago.
The foreign trade surplus amounted to $628 million, which is
$1.7 billion, or 3.7 times less than a year ago.
