30% rise in Iran’s trade with Azerbaijan

Financial Tribune – Iran’s trade with Azerbaijan totaled $422.68 million during January-October 2019 to register a 30.7% growth compared with the corresponding period of 2018.

Iran’s exports to Azerbaijan stood at $391.69 million during the 10 months, indicating a 30.1% rise year-on-year, IRNA reported, citing data from State Customs Committee of Azerbaijan Republic.

Azerbaijan exported $30.99 million worth of commodities to Iran during the same period, up 39% YOY.

Accordingly, Azerbaijan registered a trade deficit worth $360.69 million with Iran during the 10-month period, up by 29.3% YOY.