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Azerbaijan unveils volume of wheat imported in 11M2021

Economy Materials 28 December 2021 15:29 (UTC +04:00)

BAKU, Azerbaijan, Dec. 28

By Khagan Isayev - Trend:

Azerbaijan’s import of wheat decreased by 16.98 percent from January through November 2021 compared to the same period of last year - to 1.01 million tons, Trend reports on Dec. 28 citing a report of the Azerbaijani State Customs Committee.

According to the State Customs Committee, in value terms, import of wheat decreased by 8.71 percent for the year and reached $287.5 million or 2.76 percent of total import volume.

Azerbaijan’s foreign trade turnover as a whole increased by 32.85 percent or $7.5 billion from January through November 2021 compared to the same period of last year - from $22.7 billion to $30.2 billion.

As a result, while remaining positive, the foreign trade balance increased on an annualized basis by 178 percent or $6.01 billion - to $9.4 billion from January through November 2021 compared to $3.4 billion from January through November 2020.

(1 USD = 1.7 AZN on Dec. 28)

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