Azerbaijan halves revenues from tobacco exports

Business
  • 25 November, 2023
  • 11:23
Azerbaijan halves revenues from tobacco exports

In January–October 2022, Azerbaijan imported $97 million worth of tobacco and tobacco substitutes, 19.2% more than in 2022, Report informs, citing the State Customs Committee.

During the reporting months, Azerbaijan earned $11.1 million from tobacco and tobacco substitute exports, down 49.6% from a year earlier.

Import expenditures accounted for 0.7% of Azerbaijan’s total imports, while export revenues constituted 0.01% of total exports.