Türkiye includes Azerbaijan in 2025 target export list

Türkiye's Ministry of Trade has included Azerbaijan in its list of target countries for export in 2025.

A total of 55 countries, including Germany, the US, the UAE, the UK, China, France, South Korea, Iraq, Qatar, Libya, Uzbekistan, Russia, and Saudi Arabia, have been included in the list this year, Caliber.Az reports, citing the ministry.

This status allows these countries to receive additional support for mutual trade with Türkiye.

The list, approved by Türkiye's Ministry of Trade, is sent to the Secretariat General of the Foreign Economic Relations Board of Türkiye, the Export Credit Bank of Türkiye (Eximbank), and the General Secretariat of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).

Trade turnover between Azerbaijan and Türkiye amounted to $6.13 billion in 2024, with exports totaling $3.82 billion and imports reaching $2.31 billion.  

Earlier, Azerbaijani Foreign Minister Jeyhun Bayramov said that the Azerbaijan-Türkiye bilateral relations reached new heights, emphasizing that the historic Shusha Declaration has transformed these ties into an official alliance. 

Bayramov noted that numerous successful projects are underway between the nations, with nearly 4,000 Turkish companies operating in Azerbaijan. He also pointed out that in the territories liberated from occupation, Turkish companies are playing a significant role alongside Azerbaijani businesses. This growing economic collaboration underscores the strength of bilateral partnership, which also extends into the energy sector. 

The two countries are poised to cooperate further in the area of green energy, with Bayramov stressing the potential for joint efforts in supplying green energy to the European market. He pointed to the completion of the Baku-Tbilisi-Kars railway capacity expansion last year and the increased capacity of the Baku Sea Port as key developments that will enhance the operational capacity of the Middle Corridor, a vital route for trade and energy flow between Europe and Asia.

By Naila Huseynova