In 2024, Azerbaijan exported 1,037 tons of olive oil worth $7.1 million, marking a year-on-year increase of 46% in volume and 82% in value, Report informs, citing the country’s the State Statistical Committee.
During the reporting period, Azerbaijan sold olive oil to:
- Russia: 472 tons (+9 times) worth $3.522 million (+12 times);
- Spain: 110 tons (-58%) worth $674,000 (-56%);
- Israel: 88 tons worth $600,600;
- Türkiye: 98 tons (-61%) worth $492,000 (-60%);
- The United Arab Emirates: 88 tons (+31%) worth $487,000 (+38%).
In 2024, Azerbaijan exported olive oil to Syria (5.72 tons worth $60,000) and Israel for the first time in 13 years (publicly available foreign trade statistics date back to 2011).