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Azerbaijan and Turkmenistan significantly increase trade turnover

Turkmenistan Materials 15 February 2023 17:26 (UTC +04:00)
Azerbaijan and Turkmenistan significantly increase trade turnover
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, February 15. The total trade volume between Turkmenistan and Azerbaijan reached $66.9 million in January 2023, which is 3 times more than an increase from $21.6 million in the same period last year, Trend reports citing the statistics data of Azerbaijan’s Customs Committee.

During this period, Turkmen exports to Azerbaijan amounted to $62.5 million, which is 3.5 times higher than the figure for the same period in 2022 ($17.6 million).

Turkmenistan’s share in the total volume of Azerbaijan’s imports amounted to 4.42 percent in January this year, compared to 1.81 percent in the same month of 2022.

Turkmenistan's imports from Azerbaijan in the first month of 2023 amounted to $4.4 million, which is 12.8 percent more than in the same period of 2022 ($3.9 million).

Turkmenistan's share in the total volume of Azerbaijani exports during this period was 0.24 percent compared to 0.13 percent in the first month of 2022.

Meanwhile, the trade turnover between Azerbaijan and Turkmenistan amounted to $535.3 million in 2022.

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