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Azerbaijan increases exports of cotton, tea and sugar

Azerbaijan Materials 24 August 2013 10:55 (UTC +04:00)
In January-July Azerbaijan exported chemical industry products worth $37.31 million which is less than the indicator for the same period last year by 64.39 per cent. This constitutes a drop of 0.27 per cent from the total export figure .
Azerbaijan increases exports of cotton, tea and sugar

Azerbaijan, Baku, August 23 / Trend A.Akhundov/

In January-July Azerbaijan exported chemical industry products worth $37.31 million which is less than the indicator for the same period last year by 64.39 per cent. This constitutes a drop of 0.27 per cent from the total export figure according to a report from the Azerbaijani State Customs Committee published on its website on Thursday.

According to the information, the majority of exports for the first seven months of 2013 (83.62 per cent) fell to crude oil. In January-August these export were $11.59 billion which is 4.2 per cent less than the indicator for the same period last year.

For the same reporting period, oil products were exported to the sum of $731.89 million, an increase of 4.94 per cent in a year which was 5.28 per cent of the country's total export figure.

This is while exports of natural gas in the past year increased by 45.14 per cent to 494.23 million manat which constitutes 3.56 per cent.

Exports of ferrous metals and related products stood at $68.24 million, a decrease of 11.37 per cent and the share in total exports was 0.49 per cent. Cotton was exported worth $13.9 million, an increase of 2.1 times with its share in the total export figure as being 0.1 per cent.

Aluminium and its related products were worth $49.26 million, a decrease of 15.09 per cent and the share of total exports was 0.36 per cent. Vegetables and fruit were $99.39 million, a decrease of 1.68 per cent and share in total exports of 0.72 per cent.

Alcoholic and non-alcoholic drinks were $16.97 million, increase of 59.8 per cent and share in total exports of 0.12 per cent. Vegetable oils and animal fats reached $133.55 million, an increase of 6.65 per cent and the share in the total export figure of 0.96 per cent.
Tea was $23.8 million increasing 7.23 per cent and a share in total exports of 0.17 per cent, sugar was $144.32 million increasing by 27.33 per cent and a share in total exports of 1.04 per cent.

In January-July 2013 export operations were carried out to the sum of $13.86 billion that is 1.55 per cent less in comparison with the same period of 2012. According to the January-July results, imports make up $6.18 billion that is 16.63 per cent more that the same period in 2012.

This means there is a positive balance of $7.7 billion in foreign trade.
The total turnover of goods of Azerbaijan constituted $20.05 billion and that exceeds the indicator for the past year by 3.42 per cent.

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