Azerbaijan sharply icreases corn oil imports from three countries

Azerbaijan imported 5,945 tons of corn oil worth $10.6 million in the first half of 2023, down 28.6% and 24.3%, respectively, from the previous year, Report informs, citing the State Statistical Committee.

Below is the list of countries that exported corn oil to Azerbaijan in the reporting period:

• Russia – 3,159 tons (+5.1 times) worth $5.1 million (+3.7 times);
• Türkiye – 2,671 tons (-36%) worth $5.1 million (-27%);
• Italy – 111.7 tons (+2.2 times) worth $317,200 (+2.2 times);
• Germany – 1.7 tons (+2.1 times) worth $11,200 (+3 times);
• Iran - 1.6 tons (-12.3%) worth $3,200 (-12%).

Of the 17,364 tons of corn oil imported to Azerbaijan (from 8 countries) in 2022, Türkiye accounted for 46.8%, Argentina for 37.3%, and Russia for 14.8%.