Azerbaijan Reduces Cotton Export by 34%
OREANDA-NEWS. September 19, 2011. Azerbaijan’s cotton export decreased this August by 33.6% compared to July.
The Azerbaijan State Customs Committee (SCC) informs that the country exported cotton for USD 747.080 this August versus USD 1.125 million in July, USD 1.17 million in June, USD 2.416 million in May, USD 2.2 million in April and USD 3.7 million in March (this year’s best index a month) and USD 16.631 million for Jan-August 2011 that is 1.68 fold more than country’s export for the 2010 same term.
At that, the purified cotton fiber for Jan-August totaled USD 4.344 million that was by 1.93 fold more against its exports for the 2010 same term (USD 2.245 million). This July and August there was no export and in June it was exported cotton fiber for USD 3,000 against USD 571,550 in May, USD 206,370 in April and USD 1.717 million in March of the year.
In 2010, Azerbaijan exported 3,738.2 tons of cotton that made up 0.02% (USD 5.249 million) of country’s overall export (USD 21.32 bn).
In 2010 average export price totaled USD 703.33 per ton.
In 2009, the country exported 17,371.6 tons of cotton for USD 17.358 million that made up 119.27% of production export indices over 2008. In 2009 cotton export from the country made up 0.12% of total export of Azerbaijan.
In 2009, Azerbaijan exported cotton on average at price USD 999.25 a ton.
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