According to the State Customs Committee (SCC) data of Azerbaijan on December 28, the trade turnover between Azerbaijan and Kazakhstan in January-November 2022 amounted to $549.8 million, which is 396.6 percent higher than the figure recorded a year earlier ($110.7 million).

The volume of mutual trade for this period amounted to 10.28% of the total trade turnover between Azerbaijan and all CIS countries. According to the State Customs Committee, Azerbaijan's exports to Kazakhstan amounted to $90.4 million, up 152% compared to $35.8 million a year earlier. At the same time, imports from Kazakhstan to Azerbaijan exceeded $459 million. Compared to the figure for 2021 ($74.8 million), the largest country in Central Asia exported 513% more goods and services to Azerbaijan.

Notably, one of the cross-border corridors for the delivery of goods from China to Europe using the territory of Azerbaijan is currently being actively considered: the Trans-Caspian International Transport Route. Against the backdrop of the ongoing geopolitical crisis around Ukraine and the unprecedented severity of Western sanctions against Moscow, the demand for the Trans-Caspian International Transport Route for European countries has increased dramatically.

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