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Russia among TOP-5 importers of Azerbaijani products

Business Materials 3 December 2018 20:51 (UTC +04:00)

Baku, Azerbaijan, Dec. 3

By Taleh Mursagulov – Trend:

In January-October 2018, Azerbaijan's Azexport website accepted orders for the supply of non-oil products from the country for $433 million, which is 10 percent more than in the first ten months of 2017, according to the Export Review of the Center for Analysis of Economic Reforms and Communication.

In total, since January 2017, the website has accepted orders worth $908 million from 108 countries.

In terms of total volume of the purchasing orders for January-October 2018, Russia, which accounts for 18.3 percent of all purchasing orders, is in the lead. The top five countries in terms of volume of orders also include the US (8.5 percent of orders), Turkey (5.8 percent), India (4.4 percent) and Iran (4.1 percent).

The analysis of orders shows that the biggest number of orders in October was received for vegetables, honey, cotton, wine, tobacco.

The Azexport (www.azexport.az) website was created in accordance with the presidential decree "On creating a single database of goods produced in Azerbaijan" dated September 21, 2016.

The objective of the website, which is managed by the Center for Analysis of Economic Reforms and Communication, is to provide information about products of Azerbaijani origin and provide a profitable platform for their sale in foreign and domestic markets.

(1.7 manats = $1 on Dec. 3)

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Follow the author on Twitter: @TalehMursagulov

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