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Azerbaijan's income from hazelnut exports grows

Economy Materials 29 September 2023 23:00 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 29. Azerbaijan exported hazelnuts worth $68.6 million to the world market from January through August 2023, Trend reports.

The data from the Center for Analysis of Economic Reforms and Communications of Azerbaijan shows that hazelnut exports in monetary terms increased by $7.5 million, or 12.27 percent year-on-year ($61.1 million).

Earlier in 2022, Azerbaijan exported hazelnuts to the world market in the amount of $106.3 million, which is $2.5 million or 2.3 percent less year-on-year.

The data from the State Customs Service of Azerbaijan shows that Azerbaijan exported 21,860 tons of hazelnuts to the world market in 2022.

According to the International Nut and Dried Fruit Council's data for the 2022–2023 season, Azerbaijan ranks 4th among the world's hazelnut producers.

In the reporting period, Azerbaijan produced 24,000 tons of peeled hazelnuts. Azerbaijan's share in world production is four percent.

The top three are Türkiye (415,300 tons, or 71 percent), Italy (38,700 tons, or 7 percent), and the United States (31,900 tons, or 5 percent).

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