BAKU, Azerbaijan, August 17. The trade turnover of Azerbaijan with the Commonwealth of Independent States (CIS) countries exceeded $3.14 billion from January through July 2022, and its share in total Azerbaijani foreign trade turnover amounted to 33.32 percent, Trend reports via the Bulletin of Azerbaijan’s State Customs Committee.
Comparative table of Azerbaijan's trade turnover with CIS countries:
|
7M2022 |
7M2022 |
||||
|
Country |
Exports |
Share |
Country |
Imports |
Share |
|
Belarus |
$78.9 million |
0.35 percent |
Belarus |
$81.2 million |
1.08 percent |
|
Kazakhstan |
$32.6 million |
0.14 percent |
Kazakhstan |
$317.49 million |
4.24 percent |
|
Kyrgyzstan |
$1.04 billion |
- |
Kyrgystan |
$3.4 million |
0.05 percent |
|
Moldova |
$10.8 million |
0.05 percent |
Moldova |
$2.26 million |
0.03 percent |
|
Uzbekistan |
$25.3 million |
0.11 percent |
Uzbekistan |
$78.3 million |
1.03 percent |
|
Russia |
$472. 3 million |
2.09 percent |
Russia |
$1.4 billion |
18.69 percent |
|
Tajikistan |
$2.7 million |
0.01 percent |
Tajikistan |
$33.750 |
- |
|
Turkmenistan |
$10.8 million |
0.05 percent |
Turkmenistan |
$145. 5 million |
1.94 percent |
|
Ukraine |
$328.2 million |
1.45 percent |
Ukraine |
$148. 2 million |
1.98 percent |
|
Total |
$963.6 million |
4.27 percent |
Total |
$2.17 billion |
29.05 percent |
Azerbaijan's trade turnover with CIS countries increased by $754.12 million (31.6 percent) in the first seven months of 2022 year-on-year. The share of these states in the total volume of import-export operations of Azerbaijan rose by 1.76 percent - up to 33.32 percent.
In the reporting period, Azerbaijan's total foreign trade turnover increased by $12.36 billion (69.91 percent) compared to the same period last year, from $17.69 billion to $30.05 billion.
Exports, in the structure of foreign trade turnover, accounted for $22.5 billion, which is $11.17 billion (98.05 percent) more than in the first seven months of 2021. The share of exports in the foreign trade turnover amounted to 75.07 percent against 64.4 percent a year earlier.
Azerbaijan's imports increased by $1.19 billion (18.99 percent) in 7M2022, from $6.29 billion to $7.49 billion. The share of imports in the foreign trade turnover amounted to 24.93 percent against 35.59 percent a year earlier.