Kazakhstan plans to build sea port in Baku for export to Europe

The Chief of Operations at an international seaport in Azerbaijan revealed Kazakhstan’s planning to build a grain depot on its land for the export of grain.

“The facility may emerge in the next five years,” said Eugene Sy, chief operating officer at Baku International Maritime Trade Port.

The construction of the business will reinforce the emerging trend of countries along what has become known as the central corridor, enhancing the capacity of Europe-bound transport routes that avoid Russia.

Cih noted that the Baku station is very little exposed to Western sanctions against Moscow, where only a few Russian vessels have docked there.

It is clear that the port has benefited from increased traffic between East and West through the Caspian Sea since the start of the war. In 2022, the flow of goods delivered to Europe through the Caspian Sea, thus circumventing Russia, increased by two and a half times to 1.5 million tons on an annual basis.

For Kazakhstan, the quantity of exports through the Caspian Sea’s transit corridor increased more than sixfold to approximately 900 thousand tons on an annual basis during the same period.