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Azerbaijan names its top imported goods

Economy Materials 21 September 2023 18:11 (UTC +04:00)
Gunay Guliyeva
Gunay Guliyeva
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BAKU, Azerbaijan, September 21. Azerbaijan imported products worth more than $11.1 billion from January through August 2023, which is 25.73 percent more year-on-year ($8.8 billion), Trend reports.

The data of the State Customs Committee of Azerbaijan shows that 668.3 million tons of wheat worth $183.5 million (up 23.92 percent year-on-year), 563.8 million tons of ferrous metals and products thereof worth $703.2 million (up 27.43 percent), 205.7 million tons of fruits and vegetables - $139.7 million (down 14.08 percent), 192.7 million tons of plastics and plastic products - $352.7 million (up 37 percent) and 87.5 million tons of fats and oils of vegetable and animal origin - $115.3 million (down 11.83 percent).

It is worth noting that for eight months of 2023, the share of wheat in total imports is 1.65 percent, ferrous metals and products thereof - 6.31 percent, vegetables and fruits - 1.25 percent, plastics and products thereof - 3.16 percent, fats and oils of vegetable and animal origin - 0.54 percent.

Top 5 groups of goods imported by Azerbaijan in total value:

Product Name

From January through August 2023

From January through August 2022

Quantity, tons

Price, USD

Quantity, tons

Price, USD

Wheat

668.3 million

$183.5 million

539.3 million

$193.4 million

Ferrous metals and ferrous metal products

563.8 million

$703.2 million

442.4 million

$638.3 million

Vegetables and fruits

205.7 million

$139.7 million

239.4 million

$151.1 million

Plastics and plastics products

192.7 million

$352.7 million

140.6 million

$312.9 million

Fats and oils of vegetable and animal origin

87.5 million

$115.3 million

99.3 million

$172.1 million

Azerbaijan's foreign trade turnover increased by 1.12 percent or $392.1 million from January through August 2023 over year - from $35.1 billion to $35.5 billion.

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