Azerbaijan increases cost of importing vehicle parts by 59%

Business
  • 16 August, 2023
  • 13:20
Azerbaijan increases cost of importing vehicle parts by 59%

In January-July of this year, Azerbaijan imported vehicles and their parts worth $1,475,306,440 (+$547,008,620, or 58.92%), Report informs, citing the State Customs Committee.

During the reporting period, the import of vehicles and their parts made up 15.4% of the total imports of Azerbaijan.

In January-July of this year, Azerbaijan conducted trade transactions with foreign countries worth $30,333 million. Exports accounted for $20,777 million of the 7-month foreign trade turnover, while imports accounted for $9,556 million.

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