Home / Knowledge / News / Textiles / Azerbaijan's cotton exports decline
Azerbaijan's cotton exports decline
23
Jul '11
Azerbaijan exported cotton worth US$ 1.17 million in June 2011, registering a decrease of 51.4 percent compared to its exports of US$ 2.416 million in May, according to the figures released by the Azerbaijan State Customs Committee.

However, the country's exports witnessed a substantial 78.3 percent growth to US$ 14.758 million during the first six months of the current year over the country's exports during the corresponding period in 2010. This was mainly due to exports touching a month's high of US$ 3.7 million in March this year. The cotton exports in April stood at US$ 2.2 million.

The export of purified cotton fibre during the January-June period also grew by 93.42 percent to US$ 4.34 million, as against its exports of US$ 2.245 million during the corresponding period of 2010.

In 2010, Azerbaijan exported 3,738.2 tons of cotton that accounted for 30.24 percent of the previous year's export index. The earnings from cotton exports too, declined by 78.5 percent. Cotton exports contributed a mere 0.02 percent or US$ 5.249 million to the country's total exports of US$ 21.32 billion.

The export price for cotton in 2010 averaged to US$ 703.33 per ton, while in 2009, the price averaged US$ 999.25 a ton.

In 2009, Azerbaijan exported 17,371.6 tons of cotton valued at US$ 17.358 million, which accounted for 119.27 percent of production export indices over 2008, and 0.12 percent of the country's total export.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search