Assessing the impact of the coronavirus pandemic on agricultural export
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Ramil Huseyn Zahid, Doctor of Economics |
| Center for Economic Reforms and Communication | |
| ramilhuseyn@bk.ru |
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Rashad Huseynov Faig, Doctor of Philosophy in Economics |
| Agricultural Research Center, director | |
| rashad1.huseynov@gmail.com |
UOT: 339.5, 339.54
As a result of the coronavirus pandemic, Azerbaijan's non-oil exports decreased by 5.3 percent in 2020 compared to 2019, but surprisingly agricultural exports remained stable. The analysis revealed that the agricultural sector was resilient during the crisis caused by the pandemic, and there was a slight increase in export of agricultural products. One of the biggest threats to Azerbaijan's agricultural export by 2020 was its highly dependence on the Russian market. In this article, the authors assess the impact of the crisis caused by the coronavirus pandemic on agricultural exports and make relevant proposals to increase and diversify exports in the post-pandemic period.
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Bagish. Ahmadov
Deputy Director of the Agricultural Economics Research Center
Doctor of Philosophy in Economics
Yunus. Sadigov
Azerbaijan National Academy of Sciences, Institute of Economics, Lead Researcher
Ph.D., docent
Kamala. Sadygova
Ministry of Science and Education of the Republic of Azerbaijan, Institute of Dendrology
researcher
Lotanna. Emediegwu
Department of Economics, The University of Manchester, UK | Department of Agricultural Economics, University of Ilorin, Nigeria | Department of Economics, Policy and International Business, Manchester Metropolitan University, UK
