Regions Asia The volume of trade between Russia and the near abroad has increased...

The volume of trade between Russia and the near abroad has increased again

Russia’s trade turnover with neighboring countries increased by 7% in 2023 to 56.2 billion US dollars. Kazakhstan remains the country’s main business partner with a trade volume of $26 billion. Uzbekistan is in second place, with the turnover of goods increased by 5.4% last year to $ 9.9 billion. Armenia is also among the top three, with a 1.4-fold increase in this indicator to $7.3 billion.
The fourth place is occupied by Azerbaijan, the trade turnover with which has increased by 18% and amounted to 4.4 billion dollars. Kyrgyzstan turned out to be Russia’s fifth largest partner, although the volume of trade with this republic decreased by 17%, reaching $2.9 billion. But the turnover with Tajikistan increased by 2.7% to a record $ 1.7 billion.

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Irina Berg

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