Azerbaijan non-oil exports increased by 25.4 pct in 1H2022

According to the June export review of the Center for Economic Reforms Analysis and Communication of Azerbaijan, the country boosted its non-oil exports by $295.4 million or 25.4 percent, in January-June of 2022.
In January- June 2022, Azerbaijan’s total exports reached $18.5 billion, including $1.5 billion in the non-oil sector. The increase of fruit and vegetable production achieved 7.1 percent ($328.1 million) compared to the corresponding period of 2021.
The first place was taken by the cotton yarn ($136.9 million in non-oil exports), the second place belonged to tomatoes ($126.9 million) and the third one was occupied by carbamide ($98.7 million).
Among non-oil product exports, Turkey was the first ($428.4 million), Russia was the second ($382 million) and Georgia was the third ($88.2 million).
Exports reached $3.1 billion in June 2022, during the normalization process. Non-oil exports boosted by 5.8 percent and achieved $269.6 million. Food exports grew up by 6.6 percent and attained $119.6 million, while non-food exports showed growth by 5.1 percent ($149.9 million).
Among non-oil product exports in June, Russia took the first place ($118.6 million), Turkey was the second ($38.2 million) and India was the third ($18.2 million). The first item on the list was tomatoes ($35.8 million), then cherries ($34.2 million) and potatoes ($20.2 million).
Data on export orders received by the portal was also included in the export review. Consequently, orders totaling $248.4 million were received by the portal from January to June 2022. The received orders of total value of $33.4 million in June 2022. For comparison, $3.08 billion in export orders from 145 countries was received by the portal between January 2017 and June 30, 2021.
Total value of non-oil exports through the Single Window Export Support Centre in July of this year was $17.4 million.
The export review is aimed at familiarizing entrepreneurs with export issues, expanding opportunities for exporting local goods to traditional and new markets and accelerating the process of integration into international markets.

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