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Uzbekistan-Azerbaijan trade turnover for 1M2023 disclosed

Uzbekistan Materials 15 February 2023 14:15 (UTC +04:00)
Uzbekistan-Azerbaijan trade turnover for 1M2023 disclosed
Nazrin Babayeva
Nazrin Babayeva
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BAKU, Azerbaijan, February 15. The trade turnover between Azerbaijan and Uzbekistan reached $11.1 million in January 2023, Trend reports with reference to Azerbaijan’s State Customs Committee.

According to the committee, exports from Uzbekistan to Azerbaijan during this period increased by 92.56 percent compared to the first month of 2022 ($4.1 million), reaching $7.9 million.

The committee notes that in January 2023 imports from Azerbaijan to Uzbekistan reached $3.3 million. This figure decreased by 16.19 percent compared to reporting period last year.

Furthermore, in 2022, the trade turnover between Azerbaijan and Uzbekistan amounted to $181.8 million. Export from Uzbekistan to Azerbaijan in this period amounted to $132.3 million, while imports - were $49.5 million. During the reporting period, Uzbekistan exported to Azerbaijan some 10,000 tons of fruit and vegetables, while from January through December 2022 the country exported 1.7 million tons of fruit and vegetables worth $1.1 billion.

At the same time, Uzbekistan's foreign trade turnover in 2022 amounted to $50.08 billion. This figure increased by 18.6 percent or $7.8 billion, compared to the figure for 2021. During the reporting period, the largest foreign trade partner of Uzbekistan was Russia ($9.2 billion).

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