BAKU, Azerbaijan, December 19. Azerbaijan's trade turnover with the CIS (Commonwealth of Independent States) countries exceeded $5.3 billion from January through November 2022, while its share in the overall Azerbaijani foreign trade turnover reached 10.86 percent, Trend reports citing the State Customs Committee.
Azerbaijan's trade turnover with CIS countries:
|
From January through November 2022 |
||||
|
Country |
Exports |
Share (percentage) |
Imports |
Share (percentage) |
|
Belarus |
$91.03 million |
6.16 |
$236 million |
6.10 |
|
Kazakhstan |
$90.4 million |
6.13 |
$459.3 million |
11.87 |
|
Kyrgyzstan |
$4.5 million |
0.31 |
$5.09 million |
0.13 |
|
Moldova |
$13.9 million |
0.95 |
$4.1 million |
0.11 |
|
Uzbekistan |
$41.6 million |
2.82 |
$122.5 million |
3.17 |
|
Russia |
$859.3 million |
58.20 |
$2.4 billion |
62.18 |
|
Tajikistan |
$4.3 million |
0.29 |
$102,87 |
0.00 |
|
Turkmenistan |
$19.6 million |
1.33 |
$407.4 million |
10.53 |
|
Ukraine |
$351.5 million |
23.81 |
$228.4 million |
5.90 |
|
Total |
$1.4 billion |
100.00 |
$3.8 billion |
100.00 |
In the reporting period, Azerbaijan's trade turnover with CIS countries increased by 25.59 percent, or $1.04 billion year over year. The share of these countries in the country's total import and export operations increased by 3.8 percentage points (14.08 percent), amounting to 10.28 percent.
Azerbaijan's foreign trade turnover increased by 62.92 percent, or $19.007 billion from January through November 2022 compared to the same period in 2021, from $30.209 billion to $49.217 billion.
In the reporting period, $36.3 billion of foreign trade turnover accounted for exports, up by $16.5 billion compared to the same period in 2021. The share of exports in the foreign trade turnover amounted to 73.82 percent against 64.54 percent a year earlier.
During the accounting period, Azerbaijan's imports grew by $2.47 billion (23.74 percent) year on year, from $10.4 billion to $12.8 billion. The imports’ share in foreign trade turnover totaled 26.17 percent against 34.46 percent in the same period in 2021.
During this period, the positive balance of foreign trade turnover rose by over $14.06 billion or two times year over year, up to $23.45 billion (against $9.3 billion from January through November 2021).