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Monday November 25 2024

Azerbaijan's trade turnover with CIS countries increases

25 November 2024 14:05 (UTC+04:00)
Azerbaijan's trade turnover with CIS countries increases
Qabil Ashirov
Qabil Ashirov
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Trade turnover among Azerbaijan and the CIS countries in ten months of 2024, Azernews reports, citing the State Customs Committee.
The Committee noted that the said trade turnover amounted to $5.7 bln in the said period which is 9.5% more than the same period last year.
The Committee added that the trade turnover with the CIS countries accounted for 31.84% of the Azerbaijan's total trade turnover.
The trade turnover statistics for individual countries are as follows:
$ 3.9 bln with Russia (14.5% more than 1 year ago),
$ 380 mln with Ukraine (33.3% more),
$ 337 mln with Turkmenistan (52.5% less),
$ 404 mln mln with Belarus (47.7% more),
$ 394 mln with Kazakhstan (38.7% more),
$ 196 mln with Uzbekistan (37.2% more),
$ 34 mln with Kyrgyzstan (27.7% less),
$ 8 mln with Moldova (37% less),
$ 5 mln with Tajikistan (0.1% less).
In ten months, the value of Azerbaijan's product exports to the CIS countries increased by 5% and amounted to $1.4 bln.
During this period, Azerbaijan exported a goods worth $973 mln to Russia (1.2% more than the year), $ 147 mln to Ukraine (54.7% more), $72 mln to Turkmenistan (1.2% less), $40 mln to Belarus (62.6% more), $108 mln to Kazakhstan (23.2% more), $31 mln to Uzbekistan (19.9% ​​less), $ 27 mln to Kyrgyzstan (39.3% less), $ 5 mln to Moldova (57% less), $4 mln to Tajikistan (6.2% less).
In January-October, the value of Azerbaijan's product imports from the CIS countries increased by 11.1% and amounted to $4bln.
During this period, Azerbaijan imported products worth $2.97bln from Russia (19.7% more), $233.5 mln from Ukraine (22.7% more), $266 mln from Turkmenistan (58.3% less), $363 mln from Belarus (46.3% more), $286 mln from Kazakhstan (45.6% less), $164 mln from Uzbekistan (58.8% more), $26 mln from Kyrgyzstan (2 times more), $ 4 mln from Moldova (13.9% more), and $ 861 thousand dollars from Tajikistan.
CIS countries account for 25.83% of the country's total imports, including Russia 17.85%, Ukraine 1.4%, Turkmenistan 1.6%, Belarus 2.19%, Kazakhstan 1.72%, Uzbekistan 0.99%, Kyrgyzstan 0 0.04%, Moldova 0.03%, Tajikistan 0.01%.

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