Azerbaijan's exports of sugar and confectionery up by 54% in November

During January-November 2024, Azerbaijan exported over 48,885 tons of sugar and related confectionery products worth $36.935 million, representing an increase of 54% and 55.2%, respectively, year on year, Report informs, referring to the country’s State Customs Committee.

Sugar and related confectionery products account for 1.39% of Azerbaijan's main non-oil export products.

In November alone, the country exported over 4,138 tons of these products worth $3.196 million, reflecting an increase of 52.3% and 54.87% respectively, compared to the same period last year.

During the first 11 months of 2024, Azerbaijan's main non-oil product exports totaled over $2.648 million, a 2.4% decrease from the same period in 2023.

Overall, Azerbaijan conducted foreign trade transactions worth over $43.109 billion in January-November of 2024. Of that, almost $24.338 billion accounted for exports and over $18.771 billion fell to imports. Over the past year, exports decreased by 22.8 percent, while imports grew by 18.7 percent.