Azerbaijan and Iran significantly increase trade turnover in 2021

From January to November 2021, the trade turnover between Azerbaijan and Iran increased by 28.9% compared to the same period in 2020.

According to the report of the State Customs Committee of Azerbaijan, the trade turnover between the two countries exceeded $390,466 million in 2021. 

Exports from Azerbaijan to Iran for 11 months are estimated at $39,17 million, imports - at $351,29 million.

Exports to Iran increased by 6.6% year-on-year, while imports from Iran - by 32%.

In general, in January-November 2021, Azerbaijan's foreign trade turnover increased by 32.85% - by $ 7.463 billion compared to the same period in 2020.