Iran's Dorna confectionery factory has built an enterprise in Azerbaijan and wants to export its products to Russia, Sina Jud, a representative of the Iranian company, told Report.
Jud believes that the potential of the Azerbaijani market is great, and it is easy to enter the Russian market.
According to him, there is a demand for Iranian products in the Azerbaijani market:
"Over the past year, our products have been supplied to the Azerbaijani market by Veyseloglu LLC. The monetary value of the products that our company sends to Azerbaijan for a year is 1 million euros, and we plan to increase exports."
Jud stressed the company's participation in the CASPINDEXPO 2022 international trade and industrial exhibition held in Baku on May 15.
"During the exhibition, we once again introduced our products, and during our visit to Azerbaijan, we conducted a survey to determine what products are needed. Our products are made on the basis of Turkish sweets, but are offered at a lower price."
The trade turnover between Azerbaijan and Iran in 2021 amounted to $440.81 million. Azerbaijan's exports to Iran amounted to $43.287 million, while imports from Iran exceeded $397.52 million.
In January-April this year, the trade turnover between the two countries amounted to $165.718 million.