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Azerbaijan names volume of trade turnover with Tajikistan

Economy Materials 26 January 2023 16:16 (UTC +04:00)
Azerbaijan names volume of trade turnover with Tajikistan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 26. Trade turnover between Azerbaijan and Tajikistan from January through December 2022 totaled $5.8 million or 0.09 percent of the total trade turnover of Azerbaijan with the Commonwealth of Independent States countries (CIS), Trend reports via the Azerbaijani State Customs Committee.

Trade turnover between Azerbaijan and Tajikistan from January through December 2022 decreased by 20.85 percent compared to the same period in 2021 ($7.5 million).

Tajikistan's share in Azerbaijan's total trade turnover from January through December 2022 equaled 0.01 percent, the committee said.

Besides, according to the committee, Tajikistan's imports from Azerbaijan stood at $5.8 million in the reporting period, which is 20.73 percent less than in the same period in 2021 ($7.3 million).

Tajikistan's exports to Azerbaijan from January through December 2022 amounted to $138,000, which is 25.5 percent less than in the same period of 2021 ($185,240).

Azerbaijan's foreign trade turnover totaled $52.6 billion in 2022, up by $18.7 billion (55.36 percent) on an annual basis - from $33.9 billion to $52.6 billion.

Out of the total value, $38.1 billion accounted for exports, which is $15.94 billion (71.8 percent) more than in 2021. The share of exports in the foreign trade turnover made up 72.4 percent against 65.48 percent a year earlier.

Azerbaijan's imports last year increased by $2.8 billion (24.21 percent) from $11.7 billion to $14.54 billion compared to 2021. The share of imports in foreign trade turnover amounted to 27.6 percent against 34.52 percent a year earlier.

As a result, the balance of foreign trade turnover, remaining positive, grew over the year by more than $13.1 billion (2.2 times) to $23.6 billion against $10.5 billion in 2021.

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