Tajikistan’s Exports to Azerbaijan Up, While Imports Record Down

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Trade turnover between Azerbaijan and Tajikistan amounted to $1.786 million from January through June 2023, Trend reports.

According to the State Customs Committee of Azerbaijan, which is 30.9 percent less than $2.587 million in the first half of 2022.

Tajikistan’s imports from Azerbaijan totaled $1.745 million, declining 31.7 percent compared to $2.558 million in January–June 2022. On the contrary, the country’s exports to Azerbaijan from January through June 2023 rose by 41.5 percent year-on-year, from $28,600 to $40,490.

Azerbaijan’s foreign trade turnover amounted to $26.1 billion from January through June 2023, increasing by 5.36 percent or $1.3 billion compared to the same period in 2022 ($24.8 billion).

Exports reached $17.9 billion during the reported period, which is $511.2 million, or 2.77 percent, less than in the same period last year.

During the first half of 2023, Azerbaijan’s imports totaled about $8.1 billion, increasing by $1.8 billion (28.97 percent) compared to the corresponding period of 2022. Meanwhile, foreign trade turnover in Tajikistan decreased by 2.8 percent, or by $98.2 million year-on-year, in the first half of 2023, amounting to $3.42 billion.

Source: Trend News Agency