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Azerbaijan’s export of apples decreases in 11M2021

Economy Materials 2 January 2022 12:26 (UTC +04:00)
Azerbaijan’s export of apples decreases in 11M2021

BAKU, Azerbaijan, Jan. 2

By Khagan Isayev - Trend:

Azerbaijan’s export of apples decreased by 12.85 percent or 7,661 tons from January through November 2021 compared to the same period of 2020 – up to 59,580 tons, Trend reports citing a report from the Azerbaijani State Customs Committee.

According to the report, the share of apples in Azerbaijan's total export volume reached 0.17 percent while in export of non-oil products – 1.39 percent during the reporting period.

“The export of apples in value terms exceeded $32.8 million from January through November 2021,” the report said. “This figure increased by 18.92 percent or $5.2 million on an annualized basis.”

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 2020 - 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.

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 Jan. 2)

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