Overview In January 2023, United Kingdom exported £32M and imported £2.21M from Azerbaijan, resulting in a positive trade balance of £29.8M. Between January 2022 and January 2023 the exports of United Kingdom have increased by £15.2M (90.3%) from £16.8M to £32M, while imports decreased by £-38.6M (-94.6%) from £40.8M to £2.21M.
Trade In January 2023, the top exports of United Kingdom to Azerbaijan were Cars (£8.23M), Other Precious Metal Products (£1.08M), Other Iron Products (£682k), Machinery Having Individual Functions (£509k), and Valves (£491k). In January 2023 the top imports of United Kingdom from Azerbaijan were Crude Petroleum (£37.2M), Gas Turbines (£1.83M), Oscilloscopes (£986k), Gaskets (£127k), and Railway Cargo Containers (£105k).
Origins In January 2023 the exports of United Kingdom were mainly from Dover (£14.6M), Avonmouth (£5.35M), London Heathrow Airport (£4.69M), Dover Eurotunnel (£1.88M), and Harwich (£1.68M), while imports destinations were mainly London Heathrow Airport (£1.79M), Aberdeen Airport (£182k), and London Gateway (£57.8k).
Growth In January 2023, the increase in United Kingdom's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in Cars (£7.54M or 1.09k%), Other Iron Products (£447k or 190%), and Other Small Iron Pipes (£126k or 811%). In January 2023, the decrease in United Kingdom's year-by-year imports from Azerbaijan was explained primarily by an decrease in product imports in Excavation Machinery (£-634k or -98.8%), Surveying Equipment (£-172k or -96.2%), and Used Clothing (£-24.5k or -93.5%).
United Kingdom / Azerbaijan 
