The trade turnover between Germany and Azerbaijan reached 2.3 billion euro, Eastern Committee of the German Economy Executive Director Rainer Lindner said during an Azerbaijani-German business forum in Baku on Monday.
"Trade turnover grew by 14 percent," Lindner said.
He said the German companies are interested in financing various projects in Azerbaijan, particularly in cotton production, construction and reconstruction of roads, as well as are ready to supply agricultural equipment.
The forum was attended by about 50 entrepreneurs, who operate in the banking, healthcare, tourism, petrochemicals, energy sector, and engineering.
The forum is organized by the Azerbaijan Export and Investment Promotion Foundation together with the German Society for International Cooperation.