Azerbaijan’s cotton fiber exports increased to 113,981 tons worth $169.965 million during the period spanning January-November 2024.

As per a report by ABC.AZ, the value of these exports increased by 52.6 per cent or $58.612 million in value during this period.

As against the corresponding period last year, the total volume of Azerbaijan’s cotton fibers exports rose by 81 per cent Y-o-Y or 51,530 tons

However, the average export price of 1 kg of cotton fiber exported by Azerbaijan declined by 15.7 per cent or 0.47 manats to 2.53 manats during the period spanning January-November 2024 as against 3 manats in January-November 2023.

This year, cotton fiber made up 0.70 per cent of Azerbaijan’s total exports, 5.50 per cent of its non-oil exports.