Value of Azerbaijan’s cement exports up by over 4%

In January-November 2024, Azerbaijan exported more than 773,960 tons of cement (in ready or clinker form), valued at just over $48.1 million, Report informs, citing the country’s State Customs Committee.

Data represents a 4% decline in the volume and a 4.3% increase in the value of the exports compared to the corresponding period in 2023.

In November alone, almost 78,304 tons of cement (in ready or clinker form) worth over $4.968 million were exported from the country, which is 15.5% and 6.9% less, respectively, year-on-year.

During the first 11 months of this year, Azerbaijan exported main non-oil products worth over $2.648 million, which is 2.4% less compared to 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.