ASHGABAT, Turkmenistan, June 21. The total amount of trade turnover between Azerbaijan and Turkmenistan from January through May this year reached $203.03 million, Trend reports.
According to the State Customs Committee of Azerbaijan, this is 48.3 percent less than in the same period last year, which amounted to $392.74 million.
Turkmenistan's exports to Azerbaijan for the specified period amounted to $171.01 million, which is half as much as in the same period in 2023, when the volume of supplies amounted to $354.42 million.
Turkmenistan's proportion in total Azerbaijani imports for the reporting year was 2.34 percent, compared to 5.18 percent in 2023.
At the same time, Turkmenistan's imports from Azerbaijan decreased by 16.4 percent in the first five months of 2024 and amounted to $32 million, compared to $38.3 million in the same period of 2023.
Turkmenistan's share in Azerbaijan's total exports from January through May this year amounted to 0.29 percent, compared with 0.34 percent a year earlier.
Meanwhile, the amount of trade turnover between Azerbaijan and Turkmenistan for the whole of 2023 reached $773.9 million, which is 44.5 percent more than in the same period of 2022 ($535.39 million).