Azerbaijan-UK trade turnover surges over fourfold in 1Q2025

TheCyprus


Baku, Azerbaijan, April 29. Trade operations
between Azerbaijan and the UK reached a total of $323.3 million
from January through March 2025.

Data obtained by Trend from the State Customs Committee indicates that
this represents an increase of $248.1 million, or 4.3 times the
trade turnover for the same months in 2024.

Trade with the UK accounted for 2.68 percent of Azerbaijan’s
total trade turnover during the reporting period, positioning the
UK as the 6th largest trading partner of Azerbaijan in terms of
trade operations.

Additionally, Azerbaijan exported $74.6 million worth of goods
to the UK from January through March 2025, marking an increase of
$62 million US dollars, or nearly 5.9 times the amount compared to
the same period last year.

Meanwhile, Azerbaijan imported $248.8 million worth of goods
from the UK during the reporting period, which is an increase of
$186.1 million, or 4 times more than in the same period of
2024.




Azerbaijan’s foreign trade turnover grew by over 24.3 percent,
reaching a total of $12 billion from January through March
2025.

Exports rose by 6.7 percent, or $401.75 million, totaling $6.4
billion, while imports increased by 52.6 percent, or $1.9 billion,
amounting to $5.7 billion.

Meanwhile, the foreign trade balance showed a positive surplus
of $722.9 million during the reporting period, which is $5.1
billion, or 3.1 times less than the same period last year.

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