Azerbaijan reduces spending on electrical equipment imports from US

In 2023, electrical and electronic equipment worth $15.6 million was exported from the US to Azerbaijan, Report informs referring to the UN Comtrade database.

This is 21.1% less than in 2022.

Over the past 11 years, the largest volume of exports of electrical and electronic equipment from the US to Azerbaijan was recorded in 2012 ($43 million), and the smallest in 2021 ($9.59 million).

Last year, the total value of US exports to Azerbaijan was $542 million.