17:46 - 1.04.2025

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April 1, Fineko/abc.az. The trade turnover is important both for global integration and for economic integration between the member countries.

ABC.AZ informs that the overall trade turnover of the Turkic states in 2024 totaled $1.17 trillion, which is equivalent to about 3.5% of the global trade turnover of $33 trillion.

The OTS has set itself the goal of doubling trade turnover between member states by 2025 and reaching the goal of $100 billion, which will further strengthen economic ties in the region.

Turkey leads the way with the highest trade turnover of $605.88 billion.

Kazakhstan and Uzbekistan traded in the amount of $141.41 billion and $65.93 billion, respectively. Kazakhstan and Uzbekistan have seen steady export growth in the agricultural and industrial sectors. Azerbaijan has achieved positive trade balance of $5.27 billion.