In 2016, imports of wheat reached a record high - about 1.6 million tons, increasing by 18.2%, according to the State Customs Committee..
To purchase wheat exporters were paid $ 296.8 million, 0.6% less than in the previous year. A ton of wheat was purchased at the price of $ 184.4 per ton, $ 34.9 or 16% less than in 2015.
According to the Ministry of Agriculture, last year the volume of wheat production in Azerbaijan amounted to 1 million 844 thousand tons, which is 10% higher than in 2015. Independent experts say the government artificially inflates grain production figures. In their view, the share of local wheat in the bread-baking industry is negligible. 08B
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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