BAKU, Azerbaijan, August 22. Trade turnover between Azerbaijan and Turkmenistan reached $154 million from January through July 2025.
Data obtained by Trend from the State Customs Committee indicates that this figure represents a 41.1 percent, or $107.3 million, decline compared with the same period in 2024 ($261 million).
Moreover, trade with Turkmenistan accounted for 0.57 percent of Azerbaijan’s total trade turnover during the reporting period.
Meanwhile, Azerbaijan's exports to Turkmenistan totaled $37.2 million, down by 29.5 percent, or $15.6 million, year-on-year. Imports from Turkmenistan reached $143.8 million, reflecting a 44 percent, or $91.7 million, decrease.
In the first seven months of 2025, Azerbaijan exported non-oil products worth $36.3 million to Turkmenistan, marking a decrease of $16.1 million, or 30.7 percent, compared with the same period last year.
Exports of non-oil products to Turkmenistan represented 1.74 percent of Azerbaijan’s total exports during the reporting period.
Meanwhile, trade turnover between the two countries in 2024 totaled $383.7 million, which is $390.2 million, or 50.4 percent, lower than in 2023.
During the reporting period, exports from Azerbaijan to Turkmenistan accounted for $80.2 million of trade turnover, while imports from Turkmenistan totaled $303.5 million. This represents a decline of 6.8 percent and 55.9 percent, respectively, compared with 2023.
In the same year, Azerbaijan exported non-oil products worth $78.7 million to Turkmenistan, marking a decrease of $6.4 million, or 7.5 percent, from 2023.
Exports of non-oil products to Turkmenistan represented 2.35 percent of Azerbaijan’s total exports last year.
