Tomatoes in Second Place after Oil in Azerbaijani Exports
Baku / 05.10.17 / Turan: In the first 7 months of 2017 Azerbaijan exported products of non-oil sector for 855 million US dollars, the State Customs Committee of Azerbaijan reported. 1,333 subjects of the Azerbaijani market were engaged in export production.
The top five countries that bought Azerbaijani goods included Russia, with exports to that country totaling $ 311 million, Turkey ($ 178 million), Georgia ($ 78 million), Sweden ($ 77 million), and Turkmenistan ($ 38 million).
The most purchased Azerbaijani non-oil commodity was tomatoes (tomato paste). This product was exported for $ 127.9 million. In the second place is gold ($ 60.7 million), then polyethylene (in the primary form with a specific weight of less than 0.94 - $ 54.4 million).
In comparison with the corresponding period of 2016, in the first 7 months of this year, cotton fiber exports were up 8.3 times, electricity - 3.2 times, tea - by 60%, vegetables and fruits - by 42%, chemical products - by 30%, aluminum and aluminum goods - by 29%, alcohol and nonalcoholic beverages - by 26%, plastics and plastic goods - by 12%.
In July 2017, 459 economic entities exported non-oil products for $ 117 million.
In July 2017, the main export commodities were gold, sour and sweet cherries, methanol, tomatoes, polyethylene (primary form with a specific weight of 0.94), cast-iron semi-finished products (with a carbon content of more than 0.25%), semi-finished aluminum plates (rectangular plates with a thickness of more than 0.2 mm, sheets, and stripes), white sugar, apricots, etc.
In July, Russia ($ 37 million), Turkey ($ 34 million), Sweden ($ 10 million), Georgia ($ 9 million) and Turkmenistan ($ 5 million) entered the top five countries that bought Azerbaijani non-oil products, the State Customs Committee of Azerbaijan reported. -0-
-
- Politics
- 5 October 2017 15:34
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review