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Azerbaijan increases export of goods

Business Materials 13 April 2017 20:51 (UTC +04:00)

Baku, Azerbaijan, April 13

By Azad Hasanli – Trend:

Azerbaijan exported goods in the amount of $2.6 billion in January-March 2017, which is by 49.2 percent more than in January-March 2016, the country’s State Customs Committee’s report said.

According to the report, some $2.16 billion accounted for the state sector share in export operations, $409.6 million - the private sector, $33.2 million – individuals.

Azerbaijan mainly exported oil and oil products, gas, plastic and plastic products, as well as fruits and vegetables in January-March 2017, the report said.

TOP-5 goods exported by Azerbaijan at the total cost:

Items

Jan.-March 2017

Jan.-March 2016

quantity

cost (thousand dollars)

quantity

cost (thousand dollars)

Oil, tons

4 867 044,75

1 988 124,61

5 437 054,07

1 353 390,43

Oil products, tons

196 653,13

78 278,43

422 693,55

85 236,60

Natural gas, 1,000 cubic meters

1 619 616.57

266 349,06

468 186,41

63 486,38

Fruits and vegetables, tons

55 585.41

55 401,13

32 150,62

43 251,49

Plastic and plastic products, tons

50 127,02

34 255,12

40 348,04

25 730,52

According to the report, import exceeded $1.5 billion, which is by 17.12 percent less than in January-March 2016. Some $144.89 million accounted for the state sector share in import operations, almost $1.3 billion – the private sector, almost $88.9 million – individuals.

Azerbaijan mainly imported various machines and mechanisms, electronic equipment, ferrous metals, plastic, timber, sugar, vegetables and fruits during the reporting period, the report said.

TOP-5 goods imported by Azerbaijan at the total cost:

Items

Jan.-March 2017

Jan.-March 2016

quantity

cost (thousand dollars)

quantity

cost (thousand dollars)

Machines and mechanisms, electronic equipment, spare parts, thousand dollars

-

325 247,82

-

500 373,26

Ferrous metals and ferrous goods, tons

160 103,4

150 219,87

187 124,78

293 635,3

Vehicles and spare parts, thousand dollars

-

67 493,2

-

212 974,3

Plastic and plastic products, tons

29 048,42

53 564,43

25 877,84

49 748,48

Fruits and vegetables, tons

100 577,15

41 309,23

118 500,27

43 259

Azerbaijan's foreign trade transactions increased by 15.31 percent and reached $4.1 billion in January-March 2017 compared to January-March 2016. The country carried out trade with 149 countries.

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