Azerbaijan's trade with BRICS nations rises 9.2%, totaling $5.8B, up 4.08% over previous year, seeking membership for closer economic ties.

Azerbaijan's trade with BRICS nations rose by 9.2% in the first seven months of 2024, totaling $5.8 billion and representing 21.65% of the country's overall trade. This marks a 4.08 percentage point increase from the previous year. The BRICS group includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE. Azerbaijan has formally applied for BRICS membership, aiming to strengthen economic ties with these emerging markets.

September 02, 2024
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