SHARE OF INDUSTRIAL PRODUCTS IN TRADE BETWEEN AZERBAIJAN AND RUSSIA
Trade relations between Azerbaijan and Russia have a long history, and both countries are important trade partners for each other. Both countries need each other in terms of market and logistics. The high level of relations between the two countries in all fields leads to an increase in economic relations.
Among the reasons determining the relevance of the research topic is the current situation in the region and the people's sympathy and trust in the products of our countries due to the historical neighborliness and friendly relationship. Industrial products are one of the important components of trade between the two countries. The share of industrial products in the trade turnover between Azerbaijan and Russia is an important indicator of economic relations between the two countries. In this article, we analyze the trade turnover between Azerbaijan and Russia, especially the share of industrial products, and examine the factors affecting it. The article contains quotes from research studies conducted on this topic. Using the official statistical data covering the years 2017-2021, the analysis was carried out through the method of statistical and comparative advantages, and the current situation was evaluated Despite the increase in the influence of globalization, it has become clear that Russia remains the first place in import and export between the two countries. One of
the main reasons for the high level of economic relations between the two countriesis th presence of transport infrastructure. The factors that will threaten the current situation in the future have been investigated.
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