• $ 1.7
  • € 1.9588
  • ₽ 0.021656
  • ₺ 0.0429
  • £ 2.2867

Azerbaijan’s banana import costs rise 11% in Q1 despite lower volumes

Azerbaijan’s banana import costs rise 11% in Q1 despite lower volumes
20.05.2025 15:30

Azerbaijan increased its spending on banana imports in the first quarter of 2025 despite a decline in total volume, official data showed on Monday.

According to the State Statistics Committee, Azerbaijan imported 16,845 tonnes of bananas worth $15.22 million from January through March. While the volume decreased by 614 tonnes compared to the same period a year earlier, the total value rose by 11%, or $1.5 million.

Ecuador remained the dominant supplier, accounting for 98.4% of total banana imports, or 16,581 tonnes worth $14.94 million. Smaller volumes were imported from Costa Rica, Egypt, the Philippines, China, Thailand, Colombia and Germany.

The sharp increase in value suggests a rise in average banana prices or higher logistics costs despite stable or falling quantities.

N.Tebrizli

Similar news
Similar news
Instant payments in Azerbaijan’s fintech sector grow over 40% – central bank
Business 13:30
Instant payments in Azerbaijan’s fintech sector grow over 40% – central bank
Azerbaijani oil continues to decline
Business 13:04
Azerbaijani oil continues to decline
Ilham Aliyev attends inauguration of “November 8” power plant in Mingachevir
Business 12:30
Ilham Aliyev attends inauguration of “November 8” power plant in Mingachevir
Azerbaijan central bank keeps dollar rate unchanged, euro strengthens
Business 12:00
Azerbaijan central bank keeps dollar rate unchanged, euro strengthens
Yelo Bank hosts the 3rd "Mastercard Tech Conference"
Business 16:04
Yelo Bank hosts the 3rd "Mastercard Tech Conference"
Price of Azerbaijani oil falls to $80 per barrel
Business 11:30
Price of Azerbaijani oil falls to $80 per barrel
Azerbaijan keeps dollar rate stable, euro and ruble weaken
Business 11:00
Azerbaijan keeps dollar rate stable, euro and ruble weaken
Russian Mir cards accepted in 50 ATMs across Azerbaijan
Business 09:30
Russian Mir cards accepted in 50 ATMs across Azerbaijan
Azerbaijan’s SOCAR to launch gas exploration in Uzbekistan’s Karakalpak block
Business 16:28
Azerbaijan’s SOCAR to launch gas exploration in Uzbekistan’s Karakalpak block
Anews TV

Our official Youtube channel

Subscribe