BAKU, Azerbaijan, November 25. The tides of trade in ferrous metals and their kin danced to a rhythm of fluctuation in Azerbaijan from the dawn of January through the twilight of October 2024.
The data obtained by Trend from the country's State Customs Committee showed that during this period Azerbaijan imported 854,051 tons of ferrous metals and relevant products worth $978.19 million, which is $64.81 million (7.09 percent) more than the same period last year in terms of value and 119,927 tons (16.3 percent) more in terms of weight.
In the meantime, the imports of ferrous metals and related products made up 5.88 percent of the nation's total imports.
Additionally, during this period, Azerbaijan exported 84,309 tons of ferrous metals and products made from them, worth $76.86 million, which is $13.9 million (15.3 percent) less than in the same period last year in value and 10,600 tons (11.16 percent) less in weight.
In the span of ten moons, the shimmering tide of ferrous metals and their crafted offspring represented a mere 0.34 percent of the nation's vast ocean of exports.
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