• $
  • £

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
Azerbaijan backs international convention on harmful ship coatings
Business 16:28
Azerbaijan backs international convention on harmful ship coatings
Azerbaijan’s parliament approves 2025 state budget execution bill in first reading
Business 16:00
Azerbaijan’s parliament approves 2025 state budget execution bill in first reading
Azerbaijani oil edges higher
Business 15:30
Azerbaijani oil edges higher
Azerbaijan’s central bank keeps official exchange rates unchanged
Business 15:00
Azerbaijan’s central bank keeps official exchange rates unchanged
NYMEX natural gas prices decline
Business 14:00
NYMEX natural gas prices decline
Bitcoin rises above $63,000
Business 13:30
Bitcoin rises above $63,000
Silver jumps nearly 5% in commodity markets
Business 12:30
Silver jumps nearly 5% in commodity markets
Brent crude falls below $90 a barrel
Business 12:00
Brent crude falls below $90 a barrel
Turkish Europower Enerji to build solar power plant in Azerbaijan
Business 11:00
Turkish Europower Enerji to build solar power plant in Azerbaijan
Anews TV

Our official Youtube channel

Subscribe