In 2016 Azerbaijan exported abroad agricultural products in the total amount of USD 426.1 million, 20.7% (USD 73.1 million) more than in the previous year, according to the Ministry of Agriculture.
Export of vegetables amounted to 162.8 thousand tons, 35.6% more than in 2015. Revenue of the exporters (USD 129 million) increased by 40.7%.
In 2016, fruits and berries from Azerbaijan were exported at the price of USD 1,131.7, USD 140.1 less than in the previous year. The volume of fruit exports amounted to 215.3 thousand tons (+ 24.4%).
Last year, Azerbaijani farmers exported 16.5 thousand tons of barley at 155.2 per ton.
Exports of raw tobacco amounted to 2,218 tons (USD 7.9 million), 14.1% more than in 2015.
Azerbaijan also exported 14.6 thousand tons of cotton (USD 24 million), 11.1% more than in the previous year. The export value of cotton (USD 1,643) rose by 11.8% over the year. ---08D
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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