Azer News

Strong growth fixed in horse meat exports

- By Sara Israfilbay­ova

DThus, the country exported 6.316 horses (for slaughter) in January-October 2017, thereby increasing export volumes by 5.5 times compared to the same period in 2016.

The Ministry of Agricultur­e reported that for the first time Azerbaijan began to export horse meat in 2016.

On average, in 2017, the average export price of one carcass was $148, while in 2016-$141.

“Azerbaijan exports horse meat only to Kazakhstan,” said the Ministry, adding that Russia and China are also promising markets for horse meat exports.

Also, the potential market, the Ministry of Agricultur­e considers European countries, which actively import horse meat at very attractive prices.

Moreover, in 2016 Azerbaijan agreed to send horse meat to Moldova, based on the agreement concluded between the companies of the countries.

Azerbaijan mainly exports crude oil, oil products, natural gas, vegetables and fruits, tea, vegetable / animal oils and fats, sugar, alcoholic and non-alcoholic beverages, chemical products, plastic, cotton yarn, ferrous metals, aluminum and etc.

Earlier, Azerbaijan­i President Ilham Aliyev noted that the country’s economy entered the stabilizat­ion period this year.

The President stressed that in 2017, the growth of the non-oil sector amounted to 2.5 percent, non-oil industrial production - more than 3 percent, agricultur­e - more than 4 percent.

“The decline in oil prices in world markets has negatively affected the volume of Azerbaijan’s GDP. However, the share of the non-oil sector in Azerbaijan’s GDP is 70 percent,” he pointed out.

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