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Kazakhstan boosts exports of aluminum to Azerbaijan

Kazakhstan Materials 20 February 2024 14:31 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, February 20. Kazakhstan will increase exports of aluminum to Azerbaijan in 2023, Trend reports.

According to Kazakhstan's State Revenue Committee, aluminum shipments to Azerbaijan exceeded 66,300 tons between January and December 2023.

Thus, this figure exceeded the same period in 2022 by more than a thousandfold.

At the same time, the total value of exported aluminum reached $154.4 million.

Meanwhile, economic turnover between Kazakhstan and Azerbaijan reached $529.4 million in 2023. The volume of trade turnover increased by 14.2 percent from the same time in 2022 ($463.3 million).

At the same time, in terms of trade turnover, exports to Azerbaijan totaled $456.3 million over the aforementioned period, which is 21.6 percent higher than from January to December 2022.

In addition, imports from Azerbaijan from January through December 2023 decreased by 17.3 percent and amounted to $73 million. For 2022, imports amounted to $88.3 million.

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