NEWS

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 azexport.az 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 azexport.az 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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According to Ambassador of Armenia to Iran, efforts are made to increase Iran-Armenia annual trade volume to one billion US dollars, due to the need to increase the volume of trade between these two countries.
As Ambassador Arsen Avagyan said in his Friday evening meeting with the governor-general of East Azarbaijan Province, Iran’s neighboring provinces with Armenia have great importance for his country. Establishment of a consular office in Tabriz has also been requested.
Avagyan said that the Armenian side is ready to have face to face meetings with foreign merchants and businessmen, and West Azarbaijan province merchants and officials are invited to visit Armenia’s Syunik Province.
Araks border river has also been mentioned by Ambassador Avagyan due to its significant importance for both Iran and Armenia. The question of environment protection arose, and one of the mines has been shut down till required moves will be made to eliminate the environmental hazards.
According to the Ambassador, buying the manufactured goods in East Azarbaijan Province is among Armenia’s priorities, as it is the closest transit route for Armenia.
That province is quite ready for boosting trade with neighboring countries, including Armenia, as the governor of East Azarbaijan Province said, and he emphasized that increasing interactions with neighboring countries is one of the basic policies of the 13th Government, and the provinces have the required authorities for the purpose.
According to Abedin Khorram, increased trade and business between the two provinces of East Azarbaijan and Syunik is quite favorable for Iran.
The supreme scientific status of East Azarbaijan Province in Iran has also been referred to, and province’s readiness for establishment of a joint science and technology park, which can be turned into a regional export hub, has been announced.
Khorram underlined the great importance of Araks River for Iran, and therefore major steps to control the entry of mining sewage water into it are expected from Armenia.

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