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Azerbaijan's cotton fiber export up

Economy Materials 28 December 2021 09:10 (UTC +04:00)

BAKU, Azerbaijan, Dec. 28

By Khagan Isayev - Trend:

Azerbaijan increased the export of cotton fiber by 38.42 percent or by 32,542 tons from January through November 2021 compared to the same period of last year - up to about 117,240 tons, Trend reports citing a report of the Azerbaijani State Customs Committee.

The export value of cotton fiber exceeded $190.3 million.

According to the State Customs Committee, the share of cotton fiber reached 0.96 percent in Azerbaijan’s total export volume during the reporting period while in export of non-oil products - 8.07 percent.

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.

The export volume reached $19.8 billion in the structure of Azerbaijan's foreign trade turnover in the reporting period while import volume - $10.4 billion, having increased in annual terms by 51.6 percent and 7.47 percent, respectively.

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