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Azerbaijan shares data on trade turnover with CIS countries

Economy Materials 23 September 2021 19:16 (UTC +04:00)
Azerbaijan shares data on trade turnover with CIS countries

BAKu Azerbaijan, Sept. 23

By Sadraddin Agdzhaev - Trend:

The trade turnover of Azerbaijan with the CIS countries from January through August 2021 exceeded $2.6 billion, and the share of these countries in the total Azerbaijani foreign trade turnover amounted to 35.2 percent, Trend reports, citing State Customs Committee (SCC).

Comparative chart of trade turnover of the CIS countries with Azerbaijan:

January - August 2021

January - August 2020

Country

Trade turnover (thous, $)

Share (%)

Country

Trade turnover (thous, $)

Share (%)

Russia

1 712 661,91

23,56

Russia

1 780 282,78

21,02

Ukraine

555 837,64

6,98

Ukraine

405 721,16

6,41

Belarus

170 263,49

2,07

Belarus

209 398,03

2,08

Kazakhstan

68 719,48

0,94

Kazakhstan

71 243,29

0,74

Uzbekistan

61 455,18

0,87

Uzbekistan

61 844,03

0,74

Turkmenistan

47 062,59

0,67

Turkmenistan

47 224,49

0,49

Kyrgyzstan

5 697,59

0,07

Kyrgyzstan

6 977,29

0,07

Moldova

3 146,47

0,04

Moldova

3 485,12

0,05

Tajikistan

1 865,44

0,02

Tajikistan

5 584,18

0,04

Total

2 626 709,79

35,22

2 591 760,37

31,64

Azerbaijan's trade turnover with the CIS countries from January through August 2021, increased by 1.3 percent, or $34.9 million, year-on-year.

Azerbaijan's foreign trade turnover in the reporting period exceeded $20.2 billion, which is 18.3 percent or $3.7 billion more than over the same period of 2020.

Within the foreign trade turnover, exports accounted for $12.9 billion, which is 30.9 percent, or $3 billion more than from January through August 2020. The share of exports in foreign trade turnover was 63.7 percent.

Azerbaijan's imports from January through August 2021 amounted to about $7.3 billion, an increase of 9.8 percent, or $659 million, compared to the same period of 2020. The share of imports in foreign trade turnover was 36.2 percent.

The balance of foreign trade turnover, remaining positive, increased by 42.8 percent year-on-year, or $2.3 billion – to $5.5 billion.

The official exchange rate as of September 23 is 1.7 AZN/USD.

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