The EU became the main trade partner of Azerbaijan in 2022, Peter Michalko, EU Ambassador to Azerbaijan, wrote on his Facebook page.
“Just got the latest statistics: 52% of Azerbaijani foreign trade was with the EU, 65.6% of exports went to the EU market. The highest level ever,” the ambassador said.
Meanwhile, the trade turnover between Azerbaijan and the European countries in 2022 exceeded $27.3 billion.
The EU has implemented roughly 400 projects worth 224 million euros in Azerbaijan in 15 years of the EU Delegation’s activity. Over 50 twinning projects have been implemented in Azerbaijan jointly with experts, public agencies of the EU member states, as well as the government institutions of Azerbaijan. (Trend/Business World Magazine)