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Azerbaijan boosts tobacco production

Finance Materials 1 June 2020 11:16 (UTC +04:00)
Azerbaijan boosts tobacco production

Baku, Azerbaijan, June 1

By Fidan Babayeva – Trend:

The total output of tobacco and tobacco products and services rendered in this sector in Azerbaijan amounted to over 67.5 million manat ($36.7 million) from January through March 2020, Trend reports referring to the country’s State Statistical Committee.

According to the committee, the figure increased by over a half, compared to the same period of last year (versus 25.7 million manat or $15.1 million in 1Q2019).

On August 10, 2017, Azerbaijan’s President Ilham Aliyev approved the state program on the development of tobacco and tobacco products in Azerbaijan for 2017-2021. One of its main goals is to increase tobacco productivity to 20 centners per hectare, expand the cultivated area of tobacco to 6,000 hectares and increase production to 12,000 tons of tobacco.

Within the framework of the state program on the development of production of tobacco and tobacco products in Azerbaijan, information about these products from such districts as Yevlakh, Sheki, Gakh, Zagatala and Balaken was integrated through the Azexport portal into international electronic-trading platforms, including All.biz, Agroserver, Tradekey and others.

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