TODAY.AZ / Business

Azerbaijan’s major exporters of agricultural products named

21 December 2016 [12:25] - TODAY.AZ

By Azernews

By Amina Nazarli

The main participants of the export market of agricultural products in Azerbaijan are about 110 entrepreneurs, and only six of them provide more than 50 percent of total exports.

This conclusion is based on the results of a joint research conducted by the Agriculture Ministry and the FAO held in late 2015 and early 2016.

Deputy Minister of Agriculture Seyfaddin Talibov announced about this during the presentation of the e-trade portal azexport.az in Baku on December 20.

The reason of such a low rate of business involvement in the export operations, according to the deputy minister, is a lack of awareness.

"We believe that creation of the e-trade portal will help to increase export potential and can turn into a very good user mechanism for entrepreneurs. Recently very serious work was carried out to enhance the export potential of the agricultural sector. Over the past 15 years, the export potential of the country's agricultural sector has grown approximately by five times, in 10 years by 56 percent and over five years, the growth amounted to 30 percent," he said.

Talibov is sure that the current figures do not correspond to the existing potential of the country. “We can see that about 90 percent of the export potential falls to the Russian market, what is due to the high quality of the Azerbaijani agricultural products," the deputy minister said.

Experts believe that with the further development of production of high quality agricultural goods, Azerbaijan will be able not only increase the supply to neighboring countries, but also enter markets in Eastern Europe.

As for the azexport.az portal, Talibov noted that the technical possibilities of the portal contribute to the formation of logistics infrastructure and create important environment for rapid and adequate response of the entrepreneurs to the processes occurring in the world.

He agreed that the portal will eliminate the most basic challenges currently facing the business such as the low level of logistics and the high level of producer prices.

The agricultural sector is of significant importance for Azerbaijan, which is keen to diminish its dependence on the oil sector. Azerbaijan, being engaged in increasing its export potential and boosting and protecting the population's food security, sees the agricultural sector as a central direction in a bid to diversify the national economy.

The goal of azexport.az, managed by the Center for Analysis of Economic Reforms and Communication is to provide information about products of Azerbaijani origin and becoming the beneficial platform for their sales in foreign and domestic markets.

Azexport.az, integrating with the most popular electronic trading networks of Azerbaijan makes the products available to potential buyers from anywhere in the world.

To carry out this mission, the leading global and local transport and logistics companies integrated into azexport.az. The portal offers fast and secure payment to VISA, Master Card and American Express cards owners.

Regularly updated, easy-to-use, affordable, safe, fast and convenient portal makes the national brand "Made in Azerbaijan" closer to everybody. 

URL: http://www.today.az/news/business/157117.html

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