Türkiye increases export of cement to Azerbaijan

Business Materials 11 April 2023 11:40 (UTC +04:00)

BAKU, Azerbaijan, April 11. The value of the cement exported from Türkiye to Azerbaijan increased by 16.6 percent in January through March 2023, compared to the same period of the previous year, reaching $13.2 million, the Turkish Ministry of Trade told TurkicWorld, Trend reports.

In March 2023, Türkiye exported cement worth $4.1 million to Azerbaijan, which is 0.4 percent more than in the same month last year.

It was also noted that over the past 12 months (from March 2022 through March 2023), Türkiye exported cement worth $5.3 billion.

Meanwhile, value of the export of cement and glass from Türkiye decreased by 10.1 percent from January through March 2023 compared to the same period in 2022, to $1.2 billion, according to Ministry of Trade of the Republic of Türkiye.

Overall, foreign trade turnover between Azerbaijan and Türkiye amounted to $895.38 million from January through February 2023 against $933.4 million in the same period last year. During the reporting period, Azerbaijan imported most of products from Türkiye – in the amount of $312.26 million (with a 15.83 percent share in total imports).