Azerbaijan reduces imports of automotive products from Türkiye

In January-August 2023, Azerbaijan spent $70.487 million on imports of automotive products from Türkiye, 34.4% less year-on-year, Report informs citing the Turkish Exporters Assembly.

In August alone, Türkiye exported automotive products to Azerbaijan for $10.420 million, which is 7.8% less than a year earlier.

In the first eight months of 2023, the total value of exports of the Turkish automotive industry increased by 16.6% year-on-year and amounted to $22.802 billion, and went up by 20.9% in August, to $2.739 billion.