Azerbaijan fruit and vegetable exports up 11.4% in 9 months
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Azerbaijan’s fruit and vegetable export revenue rises 11.4% in nine months
Agriculture

Azerbaijan’s fruit and vegetable export revenue rises 11.4% in nine months

Azerbaijan exported 563,300 tonnes of fruit and vegetables worth $671.4 million in January-September, the State Customs Committee has reported. The revenue was $68.9 million higher than in the same period last year.

According to the State Customs Committee, revenue from fruit and vegetable exports rose 11.4% in value terms compared with the same period last year, even though the volume shipped fell by 11,000 tonnes, or 1.9%. The figures suggest that higher prices more than offset the drop in export volume.

Fruit and vegetable exports accounted for 2.8% of Azerbaijan’s total export revenue during the reporting period.

Over the same nine months, Azerbaijan imported 235,150 tonnes of fruit and vegetables worth $219.4 million. While the value of imports edged up 0.4% year on year, the volume dropped 13.1%, or 35,600 tonnes. Spending on fruit and vegetable imports made up 1.6% of the country’s total import costs.

Foreign trade turnover climbs

Azerbaijan’s foreign trade turnover reached $37.211 billion in the first nine months of the year, up 5.2% from a year earlier. Exports accounted for $23.865 billion of that total, while imports came to $13.346 billion.

Total exports grew 28.3% over the past year, while imports fell 20.4%. As a result, Azerbaijan posted a foreign trade surplus of $10.519 billion, 5.7 times higher than in the same period last year.

Read also: Azerbaijan’s foreign trade surplus jumps nearly sixfold in nine months

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