News

Azerbaijan reduced the imports of vegetable oil in 2023

Wheat
Azerbaijan
Market & Price Trends
Published Feb 17, 2024

Tridge summary

In 2023, Azerbaijan saw a decrease in both the import and export of key commodities. Wheat imports fell by 9.1% to 1 million 175.341 thousand tons, costing $303 million 983.1 thousand, a 30.4% decline from the previous year. Vegetable oil imports also decreased by 15% in volume and 40.8% in value, with the country importing 121.179 thousand tons at a cost of $141 million 291.6 thousand. Additionally, the export of vegetable oils dropped by 30.5% in volume and 38.1% in value, with the country exporting 5 thousand 492.4 tons and earning $9 million 214.3 thousand.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Wheat imports to Azerbaijan in 2023 amounted to 1 million 175.341 thousand tons, which is 9.1% less than in 2022, the State Statistics Committee told the Interfax-Azerbaijan agency. According to statistics, the total cost of wheat imported into the republic amounted to $303 million 983.1 thousand (a decline of 30.4%). During the reporting period, vegetable oils were also imported into Azerbaijan - 121.179 thousand tons (a decline of 15%) for $141 million 291.6 thousand (a ...
Source: Oilworld
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