Source link : https://europ.info/2025/10/21/trade-between-azerbaijan-and-kazakhstan-soars-to-new-heights/
Trade turnover between Azerbaijan and Kazakhstan has witnessed a significant surge in recent months, underscoring the strengthening economic ties between the two Caspian region neighbors. According to recent data reported by AzerNews, bilateral trade has experienced sharp growth driven by expanding cooperation across various sectors. This upward trend highlights the increasing importance of regional partnerships in fostering mutual economic development and boosting market integration.
Trade Turnover Between Azerbaijan and Kazakhstan Surges Amid Strengthened Economic Ties
Recent months have witnessed a significant upswing in the economic exchanges between Azerbaijan and Kazakhstan, reflecting their growing commitment to regional cooperation and economic integration. Bilateral trade volumes have witnessed a remarkable uptick, fueled by diversified export-import activities that span across energy, agriculture, and machinery sectors. Both nations have actively pursued enhanced trade agreements, streamlined customs procedures, and infrastructure projects that facilitate smoother logistics and faster delivery times.
Key sectors contributing to this growth include:
- Energy exports, particularly oil and natural gas
- Agricultural products such as grains and vegetables
- Industrial machinery and construction materials
| Year | Trade Volume (USD million) | Growth Rate (%) |
|---|---|---|
| 2022 | 350 | 18 |
| 2023 | 420 | 20 |
| 2024 (Q1) | 130 | 25 |
Officials from both countries have emphasized continued…
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Author : Jackson Lee
Publish date : 2025-10-21 05:55:00
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