Azerbaijan resumes aluminum oxide imports from Spain

Azerbaijan imported 36,399 tons of aluminum oxide (a compound used in aluminum production), valued at $17.1 million during the initial five months of 2024, Report informs, citing the country's State Statistical Committee.

Compared to the corresponding period of 2023, the imports dropped by 16 percent in volume and 15 percent in value.

In January-May 2024, Azerbaijan bought 20,669 tons of aluminum oxide from Greece worth $9.5 million (no supply a year ago), 15,552 tons from Spain worth $7.3 million, 47 tons from Russia worth $174,200 (no supply a year ago), 124.2 tons (+77%) from Türkiye for $53,200 (+69%) and 2.4 tons from France for $26,300.

After a break of 5 years and 7 months, Azerbaijan resumed the supplies of aluminum oxide from Spain.