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Azerbaijan's trade turnover with Uzbekistan diminishes in 1Q2024

Uzbekistan Materials 17 April 2024 16:52 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, April 17. Trade turnover between Azerbaijan and Uzbekistan amounted to more than $35.7 million from January through March 2024, Trend reports.

According to Azerbaijan's State Customs Committee, this figure is 53.7 percent lower year-on-year ($77.2 million).

During this period, Uzbek imports from Azerbaijan reached $5.8 million. Imports represented 0.10 percent of total foreign trade turnover.

Furthermore, between January and February, the country's exports to Azerbaijan totaled $29.9 million, accounting for 0.81 percent of total international trade turnover.

Meanwhile, trade turnover between Azerbaijan and Uzbekistan amounted to $178.7 million in 2023. This sum is $4.5 million lower than last year ($183.2 million).

Uzbek imports from Azerbaijan totaled $47.1 million, $700,000 higher than the same period in 2022 ($46.4 million), while its exports to Azerbaijan totaled $131.6 million in 2023, down $5.2 million from the same time in 2022 ($136.8 million).

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