Azerbaijan supercharges trade ties across Turkic-speaking nations

BAKU, Azerbaijan, August 28.​ Azerbaijan’s
commerce turnover with member international locations of the Group of
Turkic-speaking States (OTS) amounted to $4.228 billion within the
interval from January by means of July.

The info obtained by Pattern from the State Customs Committee report
signifies that this indicator elevated by 8.3 % or $324.3
million in comparison with the identical interval final yr.

Over the reporting interval, commerce turnover with OTS member
international locations accounted for 14.6 % of Azerbaijan’s whole commerce
turnover.

Within the first seven months of 2025, Azerbaijan’s commerce turnover
with Türkiye decreased by 6.5 % in comparison with the earlier yr
to $3.4 billion. commerce turnover with Kyrgyzstan doubled to $40.06
million, commerce turnover with Kazakhstan elevated 3.8 instances to
$517.1 million, and commerce turnover with Uzbekistan elevated 2.3
instances to $268.9 million.

Azerbaijan exported 51,500 tons of crude oil and crude oil
merchandise from bituminous rocks price $24 million to Türkiye and
non-oil merchandise price $59.8 million to Kazakhstan within the first
seven months of this yr. On the similar time, there is no such thing as a knowledge on
exports of the above merchandise to different international locations.

The Group of Turkic-speaking States (OTS) was established
on October 3, 2009, primarily based on the “Nakhchivan Settlement” signed at
the summit in Nakhchivan. On the time of its creation, the
group was referred to as the “Council of Cooperation of
Turkic-speaking States” (CCTS). In 2021, the title of the
group was modified, and it at the moment continues its actions
below the title “Group of Turkic-speaking States.”

The Republic of Azerbaijan is among the 4 founding international locations
of the group, which at the moment has 5 member states:
Azerbaijan, Kazakhstan, Kyrgyzstan, Uzbekistan, and Türkiye.

Hungary, Turkmenistan, and the Turkish Republic of Northern
Cyprus have observer standing within the group.