Azerbaijan increases urea export revenues by 6 times
Energy
- 31 August, 2022
- 08:05
In July 2022, Azerbaijan exported urea worth $ 23.1 million, up $10.4 million or 81.9% from a year earlier, Report informs, citing the "Export Review" of the Center for Economic Reforms Analysis and Communication.
In January-July 2022, Azerbaijan exported carbamide worth $ 121.9 million, which is $101.6 million or six times more than in 2021.
Nitrogen fertilizer is produced at the SOCAR Urea Plant in the Sumgayit Chemical Industrial Park. The plant was commissioned on January 16, 2019, and can produce 650,000-660,000 tons of urea per year using 435 million cubic meters of natural gas as raw material. 70% of production is intended for export.
Latest News
11:09
Baku hosts first session of conference on media and decolonization
Foreign policy10:53
Photo
President Ilham Aliyev lays foundation stone for Hakarichay Reservoir in Lachin
Domestic policy10:44
Photo
Zakir Hasanov presents diplomas to Azerbaijani graduates in Türkiye
Military10:35
Azerbaijan conducts DNA analysis over grave crime committed in Montenegro
Incident10:09
Azerbaijan's imports from Türkiye fall 2% in 1H2026
Finance09:52
Death toll from Typhoon Bavi in Philippines rises to 17
Other countries09:40
Abbas Abbasov: Media played a key role in advancing decolonization
Other09:36
Key indicators of world commodity, stock, and currency markets (11.07.2026)
Finance09:32