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ECONOMICS
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Azerbaijan’s trade with EU expands sharply, Italy, Germany top list

24 July 2025 19:40

Azerbaijan's trade turnover with European Union (EU) countries reached $10.461 billion in the first half of 2025, marking a 22.6 per cent increase compared to the same period last year.

Exports from Azerbaijan to EU member states rose by 24.2% year-on-year, totaling approximately $9.039 billion. Meanwhile, imports from the EU amounted to nearly $1.423 billion, reflecting a 13.5% increase, Caliber.Az reports via local media.

Over the six-month reporting period, EU countries accounted for 70.2% of Azerbaijan’s total exports and 12.3% of total imports.

The highest trade volumes were registered with Italy, Germany, the Czech Republic, Greece, and Spain, respectively.

Between January and June 2025, trade turnover between Azerbaijan and Italy approached $6.242 billion. This figure includes $5.993 billion in Azerbaijani exports and $248.8 million in imports. Compared to the same period in 2024, overall trade turnover with Italy grew by 26.9%, exports by 27.5%, and imports by 15.2%.

Azerbaijan’s trade with Germany totaled $767.3 million during the reporting period, with $320.3 million in exports and $447 million in imports. Year-on-year, total trade grew by 9.1%, exports rose by 0.4%, and imports increased by 16.4%.

Trade turnover with the Czech Republic amounted to $485 million, with exports standing at $450.8 million and imports at $34.2 million. Compared to last year, total turnover fell by 6.3%, exports dropped by 8.4%, while imports surged by 36.7%.

Azerbaijan’s trade with Greece reached $397.2 million, including $372.4 million in exports and $24.8 million in imports. This reflects an 8.3% growth in total turnover year-on-year, with exports increasing by 10.6% and imports decreasing by 17.6%.

Additionally, total trade with Spain stood at $117.7 million. Of this, exports accounted for $6 million and imports for $111.7 million. Compared to the same period in 2024, trade turnover with Spain rose marginally by 0.2%, imports surged by 65.2%, while exports fell significantly—by a factor of 8.2.

By Vafa Guliyeva

Caliber.Az
Views: 1005

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