Azerbaijan's cost of importing vehicle spare parts jumps 64%

In January–November of this year, Azerbaijan imported vehicles and their parts worth $2,615,840,480 (+$1,019,973,660, or 63.91%), Report informs, citing the State Customs Committee.

During the reporting period, the import of vehicles and their parts made up 15.64% of the total imports of Azerbaijan.

In the first eleven months of 2023, Azerbaijan conducted trade transactions with foreign countries worth $47.326 billion. Exports accounted for $31.513 billion of the 11-month foreign trade turnover, while imports made up $15.813 billion.