Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Saturday December 14 2019
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

Russia Tajikistan’s main trade partner

21 November 2019 13:42 (UTC+04:00)
1 297

 

By Abdul Kerimkhanov

The trade turnover between Tajikistan and Russia amounted to $859.1 million in January-October 2019. Thus, Moscow ranked first in 2019 for the volume of Tajikistan’s trade with foreign countries.  

At the same time, Tajikistan's main export partners are Switzerland, Turkey, Uzbekistan, Kazakhstan, and Afghanistan.

Switzerland accounts for 23.4 percent of total exports of goods, while Turkey's share is 19.6 percent, Tajikistan’s Ministry of Economic Development and Trade of Tajikistan has told local media. The Country’s non-ferrous metallurgy products, in particular, primary aluminum and cotton fiber, are mainly exported to these countries.

In total, in the above-mentioned period, the amount of exports of goods to Switzerland totaled over $224.8 million, while the amount of imports for the indicated period exceeded $7.7 million. A significant excess of exports over imports in trade with Switzerland is $217.1 million.

The volume of trade with Turkey in the reporting period amounted to more than $307.3 million. Of these, over $188 million amounted to export of goods and $119.3 million to import of various products.

The list of the main exported goods abroad includes: primary aluminum, cotton fiber, precious metals and dried fruits.

Import of goods to Tajikistan was from Russia - 30.4 percent of the total imports, Kazakhstan - 21.4 percent and China - 17.9 percent.

In January-October 2019, the amount of exports of goods amounted to $961.3 million, and imports amounted to more than $2.7 billion.

Today as a result of economic reforms carried out in the country, Tajikistan’s economy is gradually reviving. The state monopoly in the field of agriculture, production, trade and other industries has been abolished.

For example, today the share of non-governmental segment in total volume of agricultural production output amounts to over 80 percent.

Support and development of average and small businesses is one of the major component of economic reforms and one of priority activities of Tajik government. The state budget assigns means for formation and development of investment and market structures, small and average businesses.

---

Abdul Kerimkhanov is AzerNews’ staff journalist, follow him on Twitter: @AbdulKerim94 

Follow us on Twitter @AzerNewsAz

  • #TRADE
  • #TAJIKISTAN

Related News

WB says Tajik GDP growth to slow down

WB says Tajik GDP growth to slow down

10 December 12:29
ADB grants Tajikistan $110 million for road construction

ADB grants Tajikistan $110 million for road construction

10 December 12:15
Azerbaijan - Russia's most important economic, trade partner in South Caucasus

Azerbaijan - Russia's most important economic, trade partner in South Caucasus

9 December 17:26
China's foreign trade up 2.4 pct in first 11 months

China's foreign trade up 2.4 pct in first 11 months

8 December 11:46
Turkey’s trade with Kyrgyzstan grows

Turkey’s trade with Kyrgyzstan grows

7 December 13:33
Azerbaijan, Turkey eye to further develop bilateral trade

Azerbaijan, Turkey eye to further develop bilateral trade

4 December 18:55
Number of Tajik tourists in Turkey growing

Number of Tajik tourists in Turkey growing

4 December 15:15
Iran to send trade attachés to Azerbaijan & other countries

Iran to send trade attachés to Azerbaijan & other countries

3 December 18:56
Azerbaijan - Germany’s most important partner in South Caucasus - deputy minister

Azerbaijan - Germany’s most important partner in South Caucasus - deputy minister

30 November 12:04
Tajikistan, Kuwait agree on co-op in tourism <span class="color_red">[PHOTO]</span>

Tajikistan, Kuwait agree on co-op in tourism [PHOTO]

15 November 20:25
  • Latest
  • Popular
12:09 • Armenia violates ceasefire with Azerbaijan 20 times on Dec.13 - Dec.14
11:52 • President Ilham Aliyev allocates funds for construction of road in Khachmaz region
11:31 • Demand for Azerbaijani Central Bank's notes greatly exceeds supply
11:10 • Kazakhstan's only lowcoster implements its first int'l flight
10:47 • Azerbaijan’s Azeraluminium holds tree planting campaign in memory of national leader Heydar Aliyev [PHOTO]
10:24 • MFA: Azerbaijan assesses US Senate resolution as biased, without legal justification
10:05 • New e-portal launched for Azerbaijani enterpreneurs [PHOTO]
13 December 21:15 • Ankara slams politicization of history through Armenian resolution
13 December 20:59 • Russian expert: Armenia impedes negotiation process over Karabakh conflict
13 December 20:44 • Azerbaijan sends 500,000 euros to quake-hit Albania
13 December 20:30 • Turkish jazz diva to perform in Baku [PHOTO/VIDEO]
13 December 20:28 • GUAM countries to boost cooperation on free trade zone, transport corridor
13 December 20:14 • German TV airs film on Armenian mafia in Europe
13 December 20:00 • Azerbaijan’s agency begins selection of participants in business incubators
13 December 19:45 • Mexico, Azerbaijan strengthen academic-diplomatic co-op [PHOTO]
13 December 19:30 • Azerbaijan's Central Bank decides to reduce its interest rate
13 December 19:15 • Armenia’s winter misery to begin amid expected hike in gas tariffs
13 December 19:00 • Senior official: Armenia discourages negotiation process on Karabakh
13 December 18:45 • Azerbaijan Railways reps explore Belarus transit potential
13 December 18:29 • Uzbekistan aims to strengthen strategic partnership with Turkmenistan
13 December 17:39 • OSCE PA President says Nagorno- Karabakh painful conflict for Europe
13 December 15:31 • Azerbaijani president attends ceremony to launch first tanker built at Baku Shipyard [PHOTO]
13 December 16:28 • Azerbaijan eyes partnership with Latin American trade bloc
13 December 16:40 • Azerbaijan buys new passenger trains
13 December 12:59 • Azerbaijani Energy Ministry mulls renewable energy sources
13 December 17:18 • Azerbaijan’s Karabakh community condones Russian FM’s recent statement
13 December 18:45 • Azerbaijan Railways reps explore Belarus transit potential
13 December 16:00 • Azerbaijan, Saudi Arabia ink agreement on SMEs
13 December 19:00 • Senior official: Armenia discourages negotiation process on Karabakh
13 December 13:14 • Spectacular charity concert held in Baku [PHOTO/VIDEO]
13 December 16:05 • Azerbaijan boosts its currency reserves
13 December 12:16 • Azerbaijan’s tree planting campaign highlighted on UN Convention to Combat Desertification website
13 December 14:31 • US supports Azerbaijan in development of women’s entrepreneurship - envoy
13 December 15:41 • Ties with Latvia highlighted during FM's recent visit [PHOTO]
13 December 20:28 • GUAM countries to boost cooperation on free trade zone, transport corridor
13 December 14:15 • Consumer price index up in Azerbaijan
13 December 13:44 • Bridge over Samur River to be commissioned soon
13 December 20:14 • German TV airs film on Armenian mafia in Europe
13 December 20:44 • Azerbaijan sends 500,000 euros to quake-hit Albania
13 December 19:30 • Azerbaijan's Central Bank decides to reduce its interest rate
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2019 AzerNews. All rights reserved