Azernews.Az

Sunday June 22 2025

343.6 k tons of methanol exported from Azerbaijan in 9 months

21 October 2023 14:55 (UTC+04:00)
343.6 k tons of methanol exported from Azerbaijan in 9 months

Over 9 months, 343.6K tn. of methanol was exported from Azerbaijan, according to the State Customs Committee (SCC) , Azernews reports.

In January-September 343.6K tn. of methanol worth $65.7 mln were exported from Azerbaijan.

It should be noted that in the same months of 2022, 368.6K tn. of methanol were exported from the country, the export value was $103.9 million.

The majority of the methanol exports went to Turkiye, with over 100K tn. exported in the first nine months of 2023. This is followed by Russia, with over 60K tn. exported, and Italy, with over 40K tn. exported. Other countries that received methanol exports from Azerbaijan include the United Kingdom, Spain, and the United States.

The increase in methanol exports from Azerbaijan is likely due to the country's growing methanol production capacity. In 2020, the country's first methanol plant was opened, with a capacity of 1.2mln tn. per year. This has allowed Azerbaijan to become a major player in the global methanol market.

Overall, the increase in methanol exports from Azerbaijan is a positive sign for the country's economy. The increased exports will help to boost the country's GDP and create jobs in the methanol industry.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more