BAKU, Azerbaijan, June 19. Azerbaijan imported 450,150 tons of wheat from January through May 2023, which is 26.58 percent (94,520 tons) more compared to 2022, Trend reports.
According to the State Customs Committee of Azerbaijan, wheat imports exceeded $134.9 million in value terms (an increase of 8.75 percent over the year).
The share of wheat imports during the reporting period amounted to 1.97 percent of Azerbaijan's total imports.
Azerbaijani food imports increased in value terms by 5.36 percent ($46.9 million) to $921.9 million from January through May 2023.
Azerbaijan's foreign trade turnover from January through May 2023 increased by 11.68 percent ($2.4 billion) from $20.5 billion to $22.9 billion compared to the same period in 2022.
Exports accounted for $16.1 billion, which is $697.8 million (4.53 percent) more than in the same period last year, in the structure of foreign trade turnover. The share of exports in foreign trade turnover amounted to 70.2 percent against 75.01 percent a year earlier.
Azerbaijan's imports during the reporting period increased by $1.7 billion (33.16 percent) from $5.1 billion to about $6.8 billion year-on-year. The share of imports in foreign trade turnover was 29.79 percent against 24.9 percent a year earlier.
The balance of foreign trade turnover, while remaining positive, decreased year-on-year by more than $1 billion (9.78 percent) to $9.275 billion during the reporting period against $10.2 billion from January through May 2022.