Azerbaijan decreased export of cotton

Azerbaijan decreased export of cotton
  • Clock-gray 14:58
  • calendar-gray 19 August 2020

During January-July of this year, the cotton worth $84 587,57 thousand was exported from Azerbaijan, the State Customs Committee told APA-Economics.

The value of import decreased by approximately 17,5% compared to relevant period of last year.

During the past seven months of the current year, the specific weight of the aforementioned products in the total import equaled to 0,93%.

In the reporting period, 53 309,43 tons of cotton fiber worth $71 594,96 thousand were exported from the country which is correspondingly 13,8% less as per value indicator and 9,3% less as per volume indicator compared to relevant indicators of the same period of the last year.

During January-July of the current year, ölkədən 5 102,26 tons (28,2% decline) of cotton yarn worth $10 617,50 thousand (38,7% decline) were exported from the country which is correspondingly 38,7% and 28,2% less compared to the relevant indicators of the same period of the last year.

Note that during the past seven months of this year, the value of cotton import was $3 457,52 thousand which is 1% less compared to relevant indicator of the last year. The specific weight of cotton in the total import during January-July made up 0,06%.

Huseyn Veliyev

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