Azerbaijan reduces cost of importing fertilizers by 18%

In 2023, Azerbaijan imported fertilizers worth $72.047 million (-17.6%), Report informs, citing the State Customs Committee.

In the reporting period, the value of Azerbaijan's fertilizer exports was $83.811 million (-2.5 times).

Fertilizer import costs accounted for 0.4% of Azerbaijan's total import costs, and export revenues accounted for 0.25% of the country's total export earnings.