Kazakhstan Reveals Volume Of Trade Turnover With Azerbaijan In 1Q2024

2024-05-25 01:08:43

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, May 25. The volume of tradeturnover between Kazakhstan and Azerbaijan amounted to $162.7million from January through March 2024, Trend reports.

Data from the country's Bureau of National Statistics shows thatthis is 31.6 percent more than in the same period in 2023 ($123.6million).

Exports to Azerbaijan dominated trade turnover, at $151.4million, or 46.8 percent more than in January-March 2023.

Furthermore, imports from Azerbaijan fell by 44.7 percent duringthe aforementioned period, totaling $11.3 million. From Januarythrough March 2023, imports totaled $20.5 million.

Meanwhile, trade turnover between Kazakhstan and Azerbaijanreached $529.4 million in 2023. The volume of trade turnoverincreased by 14.2 percent from the same time in 2022 ($463.3million).

At the same time, in terms of trade turnover, exports toAzerbaijan totaled $456.3 million over the aforementioned period,which is 21.6 percent higher than from January through December2022.

In addition, imports from Azerbaijan from January throughDecember 2023 decreased by 17.3 percent and amounted to $73million. In 2022, imports amounted to $88.3 million.

MENAFN25052024000187011040ID1108255954

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.