In January-July of 2023, the trade turnover between Azerbaijan and UAE amounted to USD 58.5 million, which is 21.1% more than the corresponding period of 2022, according to calculations done by APA-Economics based on the report by the State Customs Committee.
During the reporting period, the volume of exports from Azerbaijan to UAE increased by 36.7% and equaled USD 38.180.000. During the same period, the volume of exports from UAE to Azerbaijan increased by 0.8% and amounted to USD 20.333.000.