Azerbaijan cut costs on imports of electrical products from Türkiye by 55% in February

In January-February 2024, Azerbaijan imported electrical products from Türkiye worth $32.608 million, Report informs referring to the Türkiye Exporters Assembly (TIM).

This is 37.5% less than in the same period last year.

In February alone, Türkiye exported electrical products worth $16.755 million to Azerbaijan, which is 55% less than a year ago.

The total value of Turkish electrical products exports over the two months increased by 1% year-on-year to $2.5 billion, and fell by 1% to $1.29 billion in February.