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Azerbaijan pulls back curtain on non-oil exports to Kazakhstan in 1Q2025

GenevaTimes by GenevaTimes
May 7, 2025
in Europe
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Azerbaijan pulls back curtain on non-oil exports to Kazakhstan in 1Q2025
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Azerbaijan pulls back curtain on non-oil exports to Kazakhstan in 1Q2025

BAKU, Azerbaijan, May 7. Azerbaijan exported
non-oil products worth $20.4 million to Kazakhstan from January
through March 2025.

The data obtained by Trend from the Azerbaijani State Customs Committee
shows that this figure grew by a whopping $8.7 million (73.8
percent) year-on-year.

Over the reporting period, exports of non-oil products to
Kazakhstan amounted to 2.64 percent of Azerbaijan’s total
exports.

Thus, Kazakhstan ranked 6th among the top importers of
Azerbaijani oil. At the same time, the volume of trade transactions
between Azerbaijan and Kazakhstan from January through March of
this year amounted to $118.7 million, which is $47.9 million (67.6
percent) more than in the same months of 2024. During the reporting
period, trade turnover with Kazakhstan amounted to one percent of
Azerbaijan’s total trade turnover.

From January through March of this year, Azerbaijan’s total
exports to Kazakhstan amounted to $20.6 million, which is $8.7
million (72.5 percent) more than in the same period of 2024. Also,
from January through March of 2025, Azerbaijan’s import from
Kazakhstan amounted to $98.1 million, which is an increase of $39.3
million (66.7 percent) year-on-year.




Meanwhile, Azerbaijan’s foreign trade turnover grew by 24.3
percent and amounted to $12 billion from January through March
2025.

Over the past year, the country’s exports grew by 6.7 percent,
or $401.75 million, to $6.4 billion, while imports increased by
52.6 percent, or $1.9 billion, to $5.7 billion.

The foreign trade surplus for the reporting period amounted to
$722.9 million, which is $1.5 billion, or 3.1 times less than the
same period of last year.

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