Azerbaijan's trade turnover with CIS countries from January to July 2024 surpassed $6.9 billion, representing 14.55% of the total foreign trade turnover.
According to the State Customs Committee, Azerbaijan's trade turnover with CIS countries increased by 7.89% in 2024, or $506.6 million in annualized terms.
Trade turnover of Azerbaijan with Russia from January through December 2024 - $1.1 billion (export) and $3.62 billion (import)/
Russia is followed by Ukraine, Kazakhstan, Turkmenistan, Uzbekistan and Belarus.
Azerbaijan's foreign trade turnover in 2024 decreased by nearly 7%, or $3.5 billion, to $47.6 billion.
Exports made up $16 billion of the foreign trade turnover, which totaled $26.5 billion. Azerbaijan's imports in the reporting period increased to about $21 billion.
