BAKU, Azerbaijan, June 15. Azerbaijan's trade turnover with Tajikistan totaled $2.8 million from January through May 2024, which is twice as much as $1.3 million in the same period of 2023, Trend reports.
According to the State Customs Committee of Azerbaijan, during the reporting period, exports to Tajikistan increased by 88 percent on an annualized basis to $2.4 million against $1.3 million from January through May 2023.
Imports from Tajikistan amounted to $347,200, which is more than 8 times higher than in the first five months of last year ($40,600).
Meanwhile, Azerbaijan's trade turnover with CIS countries from January through May 2024 exceeded $2.5 billion and decreased by 7.86 percent, or $215.5 million, year-on-year. Its share in the total foreign trade turnover of the country amounted to 13.7 percent.
Overall, Azerbaijan's foreign trade turnover from January through May 2024 decreased by 19.67 percent, or $4.5 billion, compared to the indicator for the same period in 2023 (from $22.9 billion to $18.4 billion).
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