BAKU, Azerbaijan, Feb.27
By Zeyni Jafarov - Trend:
Azerbaijan exported coffee and tea worth $765,100 in January 2021, which is 2.4 times or $448,000 more than in the same month of 2020, Trend reports on Feb.26 referring to the statistical bulletin of the State Customs Committee.
According to the bulletin, the share of these products in the country's total export for the reporting month grew from 0.01 to 0.05 percent.
Meanwhile, the value of coffee and tea imports over the year decreased by $2.4 million (43.4 percent), down to nearly $3.1 million. The products' share in the total imports of the country amounted to 0.39 percent, against 0.76 percent in January 2020.
As a result, in the reporting month, the value of foreign trade turnover of coffee and tea exceeded $3.8 million, which is year-on-year growth of 33.3 percent or $1.93 million.
Overall, in January 2021, Azerbaijan's foreign trade turnover exceeded $2.4 billion. More than $1.6 billion of that amount or 67.34 percent accounted for export while the remaining $787.5 million or 32.66 percent for import.
---
Follow the author on Twitter: @jafarov_zeyni
