• $ 1.7
  • € 2.0166
  • ₽ 0.0223
  • ₺ 0.0391
  • £ 2.326

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
Gold jumps more than 5%
Business 17:00
Gold jumps more than 5%
Networking meeting organized at Yelo Bank for female entrepreneurs in the healthcare sector
Business 13:54
Networking meeting organized at Yelo Bank for female entrepreneurs in the healthcare sector
Azerbaijan’s monetary base posts slight increase in January
Business 12:39
Azerbaijan’s monetary base posts slight increase in January
Azerbaijan’s Azeri Light crude falls more than $3 a barrel
Business 10:09
Azerbaijan’s Azeri Light crude falls more than $3 a barrel
Exchange rates announced for February 3
Business 09:47
Exchange rates announced for February 3
Gold and Silver Prices Plunge as Trump’s Fed Pick Signals Stronger Dollar
Business 17:00
Gold and Silver Prices Plunge as Trump’s Fed Pick Signals Stronger Dollar
Oil Prices Slump Over 4% as U.S.–Iran Tensions Show Signs of Easing
Business 16:30
Oil Prices Slump Over 4% as U.S.–Iran Tensions Show Signs of Easing

A Bright opportunity from Yelo Bank for female entrepreneurs!
Business 16:00
A Bright opportunity from Yelo Bank for female entrepreneurs!
Bitcoin falls below $75,000 for the first time since April 2025
Business 13:30
Bitcoin falls below $75,000 for the first time since April 2025
Anews TV

Our official Youtube channel

Subscribe