Azerbaijan's revenues from tobacco exports dwindles by almost 26%

Business
  • 23 October, 2021
  • 12:25
Azerbaijan's revenues from tobacco exports dwindles by almost 26%

From January through September 2021, Azerbaijan imported tobacco and tobacco substitutes for $68.95 million, Report informs, citing the State Customs Committee.

According to the committee, this figure is $7 million or 11.3% more than in the same period last year.

The monetary value of tobacco and tobacco substitutes exported by Azerbaijan in the first nine months of 2021 amounted to $7.9 million, $2.75 million, or 25.8% less than a year ago.

During the reporting period, imports of tobacco and tobacco substitutes accounted for 0.8% of Azerbaijan's total import expenditures, and revenues from exports of these products accounted for 0.05% of total export revenues.