BAKU, Azerbaijan, June 15. Last year, the
volume of trade between Azerbaijan and Germany amounted to
approximately 1.7 billion euros, German Ambassador to Azerbaijan
Ralf Horlemann said during a media briefing in Baku, Trend's correspondent reports
from the event.
"Last year, the trade volume was approximately 1.7 billion
euros, and the fact that our bilateral trade is more or less
balanced is also a sign of the maturity of these trade relations.
Very often in trade relations with commodity-exporting countries,
the trade balance turns out to be quite uneven in favor of the
exporting country. In the case of Germany and Azerbaijan, it is
very balanced," the ambassador said.
Horlemann noted that Germany's main import from Azerbaijan
consists of oil. Germany's main exports to Azerbaijan are
machinery, equipment, electronics, and vehicles.
"It is noteworthy that our trade balance is even and balanced,
and this is a very good starting point for finding new
opportunities to develop our trade," the diplomat said.
