Switzerland resumes export of polyethylene to Azerbaijan

Energy
  • 28 June, 2022
  • 08:47
Switzerland resumes export of polyethylene to Azerbaijan

In January-April this year, Azerbaijan sold abroad 38,387 tons of polyethylene (with a specific gravity of less than 0.94, 0.94 or more) for $53.65 million.

According to Report’s calculations based on the data of the State Statistics Committee, this is 5.2% more in value terms and 15.3% less in quantitative terms than in the same period last year.

Azerbaijan shipped 16,033 tons (+45.7%) worth $21.6 million (63% more than a year earlier) to Turkiye, 8,618 tons (-8.9%) to Russia for $13.5 million (+32%), to China - 7,740 tons (-5.7%) for $9.65 million (+6.3%), to Lithuania – 2,247 tons (-29.6%) for $3.55 million, to Kazakhstan – 1,230 tons (+20 times) for $1.8 million.

During the reporting period, 12,621 tons of polyethylene (primary form with a specific gravity of less than 0.94, 0.94 or more) were imported to Azerbaijan for $18 million, which is 2.2 times and 82.7%, respectively, more than in the same period last year.

Some 9,218 tons (+96.8%) of products worth $12.5 million were purchased from Iran (2.5 times more than a year earlier), from Saudi Arabia – 1,931 tons (+46.1%) for $2.3 million (+61%), the US - 418.2 tons (+5.4 times) for $896,000 (+7.5 times), South Korea - 167 tons (-35.2%) for $474,000 (-5.6%), Sweden - 158 tons (+97.5%) for $424,000 (+2.5 times).

A year and three months later, Switzerland resumed deliveries of polyethylene to Azerbaijan. Some 48 tons of products worth $125,000 were imported from this country.