Azerbaijan’s revenue from alcoholic beverage exports up by over 14%

In 2024, Azerbaijan imported alcoholic and non-alcoholic beverages and vinegar worth $103.14 million, 5.4% more compared to 2023, Report informs, citing the State Customs Committee.

During the reporting period, Azerbaijan also exported beverages and vinegar worth $68.87 million, 14.3% more compared to a year ago.

During the reporting period, imports of beverages and vinegar accounted for 0.5% of Azerbaijan's total imports, while exports made up 0.3% of total exports.

According to customs declarations, in 2024, Azerbaijan exported nearly 23.6 million tons of crude oil and oil products obtained from bituminous rocks worth $14.44 billion.

During the reporting year, Azerbaijan conducted trade operations worth $47.61 billion with foreign countries. Of the foreign trade turnover, $26.55 billion accounted for exports and $21.05 billion for imports.

As a result, a positive balance of nearly $5.5 billion was created in foreign trade, 3 times less compared to the previous year.