Azerbaijan sees over two-fold growth in iodine exports to India

Azerbaijan exported 97 tons of iodine, valued at $5.5 million in the first six months of 2024, Report informs, citing the country’s State Statistical Committee.

According to the committee, the exports grew by 20 percent in volume, while dropping by 12 percent in value compared to the same period last year.

In the first half of this year, Azerbaijan exported 25 tons (-17%) of iodine to Russia for $1.5 million (-44%), 36 tons (unchanged) to China for $2 million (-20%), and 36 tons (+2.4 times) for $2 million (+92%) to India.

In 2023, Azerbaijan exported a total of 231 tons of iodine to four countries, of which 41.5 percent fell to India and 39 percent to China.