BAKU, Azerbaijan, January 25. Azerbaijan’s
commerce turnover with CIS (Commonwealth of Impartial States)
nations from January to July 2024 surpassed $6.9 billion,
representing 14.55 % of the entire overseas commerce turnover.
Knowledge obtained by Pattern from the State Customs Committee signifies that
Azerbaijan’s commerce turnover with CIS nations rose by 7.89 %
in 2024, or $506.6 million in annualized phrases.
In the meantime, in the identical interval final yr, Azerbaijan’s commerce
turnover with CIS nations amounted to $6.4 billion.
Desk of commerce turnover of Azerbaijan with CIS nations primarily based
on the info of the State Customs Committee of Azerbaijan:
from January by means of December
2024
Nation
Export ($)
Particular weight
Import ($)
Particular weight
Belarus
$48.4 million
2,85 %
$457.6 million
8,75 %
Kazakhstan
$133.1 million
7,84 %
$337.3 million
6,45 %
Kyrgyzstan
$29.6 million
1,75 %
$10.4 million
0,20 %
Moldova
$5.12 million
0,30 %
$4.97 million
0,10 %
Uzbekistan
$40.3 million
2,38 %
$211.7 million
4,05 %
Russia
$1.1 billion
69,38 %
$3.62 billion
69,24 %
Tajikistan
$5.85 million
0,34 %
$1.24 million
0,02 %
Turkmenistan
$80.2 million
4,72 %
$303.4 million
5,80 %
Ukraine
$177.2 million
10,44 %
$282.3 million
5,40 %
Complete
$1.6 billion
100,00 %
$5.23 billion
100,00 %
To notice, Azerbaijan’s overseas commerce turnover in 2024 decreased
by 6.98 %, or $3.5 billion, in comparison with the indicator of the
identical interval in 2023 (from $51.1 billion to $47.6 billion).
Exports made up $16 billion of the overseas commerce turnover, which
totaled $26.5 billion, reflecting a lower of 21.67 %
in comparison with the identical interval final yr. The portion of exports in
the overseas commerce turnover stood at 55.77 %, a drop from
66.23 % the earlier yr.
Azerbaijan’s imports within the reporting interval elevated by $3.7
billion, or 21.83 %, year-on-year from $17.2 billion to about
$21 billion. The share of imports within the overseas commerce turnover
amounted to 44.23 %, up from 33.77 % a yr
earlier.
Consequently, the stability of overseas commerce turnover, whereas
remaining optimistic in the course of the evaluate interval, declined year-on-year
by over $11.1 billion, or 66.92 %, to $5.4 billion in opposition to
$16.6 billion within the 2023 reporting interval.
