BAKU, Azerbaijan, February 29. Azerbaijan's revenue from urea exports in January 2024 increased by 10.64 percent to January 2023, Trend reports, referring to the Center for Analysis of Economic Reforms and Communications (CAERC).
Urea was exported for $9.4 million in January 2023, while in January 2024, the revenue amounted to $10.4 million.
Meanwhile, SOCAR Carbamide produced 454,000 tons of urea in 2023, of which 148,800 tons were purchased by EU countries.
During the five years of SOCAR Carbamide's operation in Sumgayit, this enterprise produced 1.6 million tons of nitrogen fertilizers (carbamide or urea), of which 1.2 million tons were exported.
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