The ambassador noted that since 2012, the trade turnover between the two countries has declined significantly, although until 2012 it was approximately $1.5 billion.
"From 2016 to 2017, we increased turnover 2.5 times," he said, adding that to date the bilateral trade has exceeded $800 million, though it was $300 million until 2016.
"Azerbaijan and Ukraine are strategic partners. This strategic partnership relies on a high level political dialogue between the heads of our countries, as well as on a big economic potential and a very high level of humanitarian and cultural ties traditionally existing between our countries," Khudiyev said.
The State Customs Committee of Azerbaijan reported that in 2017, Azerbaijan's trade turnover with Ukraine amounted to $810.28 million. In January-November 2018, the turnover amounted to $725.8 million, of which about $414.5 million accounted for Azerbaijan's imports of Ukrainian products.