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Azerbaijan, Uzbekistan trade turnover increases

Uzbekistan Materials 17 March 2023 10:32 (UTC +04:00)
Azerbaijan, Uzbekistan trade turnover increases
Nazrin Babayeva
Nazrin Babayeva
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BAKU, Azerbaijan, March 17. The trade turnover between Azerbaijan and Uzbekistan reached $23.02 million in February 2023, increasing by 20.8 percent compared to the same period in 2022 ($19.05 million), Trend reports with reference to Azerbaijan’s State Customs Committee.

During the reporting period, Uzbek exports to Azerbaijan amounted to $17.5 million, which is 45.8 percent higher than in the same period of 2022 ($12.05 million).

The committee notes that in February 2023 imports from Azerbaijan to Uzbekistan reached $5.4 million. This figure decreased by 22.1 percent compared to reporting period last year ($6.9 million).

In January 2023, trade turnover between Azerbaijan and Uzbekistan amounted to $11.1. During the first month of 2023, exports from Uzbekistan to Azerbaijan increased by 92.56 percent compared to the first month of 2022 ($4.1 million), reaching $7.9 million. Uzbekistan, in the reporting period, imported from Azerbaijan goods and services worth $3.3 million.

According to Uzbekistan’s State Statistics Committee, 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.

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