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Trade turnover between Turkmenistan and Azerbaijan increases

Turkmenistan Materials 18 November 2022 19:11 (UTC +04:00)
Trade turnover between Turkmenistan and Azerbaijan increases
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, November 18. The total trade volume between Turkmenistan and Azerbaijan reached $377.2 million from January through October 2022, which is 6.8 times an increase from $55.5 million in the same period of 2021, Trend reports citing the statistics data of Azerbaijan’s Customs Committee.

Turkmenistan exported $361.5 million worth of goods to Azerbaijan in the first 10 months of 2022, which is 13.1 times more than the same period in 2021 ($27.5 million).

Turkmenistan’s share in the total volume of Azerbaijan’s imports amounted to 3.12 percent during the reporting period of 2022, compared to 0.3 percent during the same period of 2021.

Turkmenistan’s imports from Azerbaijan amounted to $15.5 million from January through October 2022, which is more than 1.8 times less than $27.9 million for the same period in 2021.

Turkmenistan’s share in the total volume of Azerbaijan’s exports amounted to 0.04 percent during the reporting period of 2022, compared to 0.17 percent during the same period of 2021.

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