Azerbaijan’s trade turnover up by 55.4pc in 2022

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Foreign trade turnover increased by 55.4 percent, amounting to $52.69bn in Azerbaijan in2022, Azernews reports, referring to a tweet by Economy Minister Mikayil Jabbarov.

According to the minister, the export grew by 71.8 percent, totaling $38.15bn, and the import rose by 24.2 percent, amounting to $15.54bn in 2022. As a result, a $23.61bn foreign trade surplus emerged, which is 2.2 times more than in 2021.

“Throughout 2022, the #foreigntrade turnover increased by 55.4% compared to a year earlier and amounted to $52.69 bln., whilst the export rose by 71.8% and reached $38.15 bln.—Azer News