Export of chemical products expected to decline in quarter 1, 2013

In quarter 1, 2013 Azerbaijan exported chemical products to the amount of $15,963,000. According to the Azerbaijan State Customs Committee, export of chemical products dropped by 57% against the same period in 2012.

From January to March 2013 share of chemical products in the total volume of export constituted 0.25%.

During 2012 Azerbaijan exported chemical products to the amount of $174,584,000. Export of chemical products increased by 45.34% against 2011. Share of chemical products constituted 0.73% in the total volume of export in 2012.

According to the State Statistical Committee, in quarter 1, 2013 Azerbaijan made chemical, pharmaceutical, rubber and plastic products to a total amount of 66.8 million AZN. The production of chemical products increased by 0.6% against the same period in 2012.

According to the statistical information, from January to March 2013 production of iodine increased by 39% up to 61.3 tons, sulfate aluminum by 65.6% up to 18,900 tons and isopropyl spirit by 4.9% up to 5,400 tons.

During the same period production of propylene declined by 26.5% to 6,600 tons, polyethylene by 12.2% to 22,400 tons and varnish-and-paint products by 13.6% to 732,300 tons.-0-