Azerbaijan Potato Exports Hit $29.7 Million
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Azerbaijan earns $29.7 million from potato exports in nine months
Agriculture

Azerbaijan earns $29.7 million from potato exports in nine months

Azerbaijan exported 77,400 tons of potatoes abroad in January-September, earning $29.7 million, the State Customs Committee has reported. Both the volume and value of shipments rose compared with the same period last year.

According to the State Customs Committee, nine-month potato exports grew by 6,400 tons, or 9.1%, year on year. In value terms, earnings from the potato exports rose by $1.5 million, up 5.3% from the same period of last year.

The committee noted that revenue from potato sales accounts for a small share of the country’s overall export earnings.

Foreign trade turnover grows

Azerbaijan’s total foreign trade turnover reached $37.211 billion in the first nine months of the year, up 5.2% compared with a year earlier. Of this, exports accounted for $23.865 billion and imports for $13.346 billion.

Over the past year, exports rose 28.3% while imports fell 20.4%. As a result, the country’s foreign trade balance posted a surplus of $10.519 billion, 5.7 times higher than in the corresponding period last year.

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