BAKU, Azerbaijan, December 22. Trade turnover between Azerbaijan and Kyrgyzstan from January through November 2022 totaled $9.6 million or 0.18 percent of the total trade turnover of Azerbaijan with the Commonwealth of Independent States countries (CIS), Trend reports on via the Azerbaijani State Customs Committee.
The trade turnover between Azerbaijan and Kyrgyzstan from January through November 2022 increased by 22.55 percent compared to the same period in 2021 ($7.884 million).
Kyrgyzstan’s share in Azerbaijan’s total trade turnover from January through November this year equaled 0.02 percent, the committee said.
Besides, according to the committee, Kyrgyzstan’s imports from Azerbaijan stood at $4.5 million in the reporting period, which is 10.95 percent less than in the same period in 2021 ($5.125 million).
Kyrgyzstan’s exports to Azerbaijan amounted to $50.9 million, up by 84.77 percent compared to the same period of the previous year ($2.759 million).
Azerbaijan’s foreign trade turnover increased by 62.92 percent, or $19 billion from January through November 2022 compared to the same period in 2021, from $30.2 billion to $49.2 billion.
During the accounting period, $36.3 billion of the foreign trade turnover accounted for exports, up by $16.53 billion compared to the same period in 2021. The share of exports in foreign trade turnover amounted to 73.82 percent against 64.54 percent a year earlier.
Azerbaijan’s imports in the reporting period grew by $2.47 billion (23.74 percent) year on year, from $10.409 billion to $12.88 billion. The imports’ share in foreign trade turnover totaled 26.17 percent against 34.46 percent in the same period in 2021.
During this period, the positive balance of foreign trade turnover rose by over $14.06 billion or two times year over year, up to $23.45 billion (against $9.3 billion from January through November 2021).
Sourec: Trend
