Azerbaijan sees 7-fold surge in corn oil imports from Italy

Business
  • 14 May, 2025
  • 14:02
Azerbaijan sees 7-fold surge in corn oil imports from Italy

In January-February of 2025, Azerbaijan imported 1,970 tons of corn oil, valued at $3.3 million, marking a 20% decline in volume and a 13% drop in value year-on-year, Report informs, citing the country’s State Statistical Committee.

During this period, Azerbaijan purchased corn oil from:

- Russia: 1,278 tons (-20%) worth $1.9 million (-14%);

- Türkiye: 582 tons (-32%) worth $1.1 million (-25%);

- Italy: 109 tons (+7 times) worth $230,200 (+6 times);

- Germany: 0.1 tons (-62%) worth $800 (-64%).

In 2024, Azerbaijan imported a total of 19,000 tons of corn oil. Of this, 40% came from Russia, 31% from the US, and 28% from Türkiye.