Azerbaijan observes over 2-fold surge in nitrogen fertilizer exports

Business
  • 27 September, 2024
  • 13:54
Azerbaijan observes over 2-fold surge in nitrogen fertilizer exports

Azerbaijan exported 361,643 tons of nitrogen fertilizers, valued at $78.7 million during the first eight months of 2024, Report informs, citing the country’s State Customs Committee.

Compared to the corresponding period in 2023, the exports grew by 2.2 times in volume and 2 times in value.

In August alone, Azerbaijan exported 53,700 tons of nitrogen fertilizer worth $16.5 million, representing a 2-fold increase in volume and a 2.7-fold surge in value year-on-year.

Overall, Azerbaijan’s trade transactions with foreign countries exceeded $30.995 billion in the first eight months of 2024.