Last year was remembered for some improvements in the foreign trade. The foreign trade turnover comprised $8.55bn.
The monthly foreign trade balance became black.
The growth pace of export grew 20.23% and comprised $4.35bn, while import grew 19.46% and comprised $4.20bn. In this period foreign trade ended with a balance at $0.15bn in black.
Export of products grew in every category, in particular oil and oil products. The number of categories of export goods amounted to 2102, while oil and oil products took the major part in the structure of export. Highest export volume comprised $1.2bn in October 2005, while the lowest was fixed in January $0.11bn.
Structure of export in 2005
|
Product |
Special weight in export, in % |
As compared to 2004, in% |
|
Crude oil |
51,04 |
97,99 |
|
Oil products |
25,07 |
156,14 |
|
Ferrous and non-ferrous metal and wares of them |
1,02 |
97,34 |
|
Alcohol and alcohol-free spirits |
0,22 |
219,48 |
|
Chemical products |
3,03 |
171,36 |
|
Cotton |
0,93 |
113,61 |
|
Tobacco and tobacco products |
0,59 |
208,66 |
|
Precious metals |
1,23 |
109,58 |
|
Fruits and vegetables |
3,97 |
375,4 |
|
Fat and vegetable oil |
1,57 |
141,82 |
|
Others |
11,32 |
Source: State Customs Committee
Rise in import was caused by cars and equipment, as well as natural gas and transport conveyances. The same time the import of foodstuff, ferrous metal and wares of it, as well as pharmaceutics products dropped. The highest volume of import was fixed at $0.58bn in January 2005, the lowest figure comprised $0.26bn in February.
Structure of import in 2005, in %
|
Product |
Special weight in import, in % |
As compared to 2005, % |
|
Foodstuff |
8,31 |
92,26 |
|
Oil gas and other gas-like hydrocarbons |
6,60 |
109,76 |
|
Consumer goods |
1,64 |
111,95 |
|
Machines and equipment |
33,27 |
128,81 |
|
Transport conveyances and spare parts to them |
9,97 |
173,08 |
|
Ferrous meta and wares of them |
10,27 |
77,73 |
|
Furniture |
0,7 |
101,83 |
|
Woods |
1,22 |
132,9 |
|
Pharmaceutical products |
0,75 |
114,2 |
|
Other |
27,28 |
Source: State Customs Committee
Last year Azerbaijan imported goods foreign countries (except CIS) in the amount of $2.75bn. They were different devices, electric machines, furniture, land transport conveyances
In this period Azerbaijan exported to foreign countries (along with CIS) export goods worth $3.44bn, which comprises 79.17% of entire export. The export was mainly comprised of oil products, fruits, ferrous metal.
Moreover, export of goods to CIS countries amounted to $905.34m, or 20.83% of all export. The same time import from these countries amounted to 1447.5m 34.46% of all import. The foreign trade ended in a balance $542,146m in red. Azerbaijan mainly imported rigs, land transport conveyances, oil products and grains, but exported fruits, oil, chemical substances, oil and fat.
|
Product |
Special weight in import, in % |
As compared to 2005, % |
|
Foodstuff |
8,31 |
92,26 |
|
Oil gas and other gas-like hydrocarbons |
6,60 |
109,76 |
|
Consumer goods |
1,64 |
111,95 |
|
Machines and equipment |
33,27 |
128,81 |
|
Transport conveyances and spare parts to them |
9,97 |
173,08 |
|
Ferrous meta and wares of them |
10,27 |
77,73 |
|
Furniture |
0,7 |
101,83 |
|
Woods |
1,22 |
132,9 |
|
Pharmaceutical products |
0,75 |
114,2 |
|
Other |
27,28 |
Source: State Customs Committee
Last year Azerbaijan imported goods foreign countries (except CIS) in the amount of $2.75bn. They were different devices, electric machines, furniture, land transport conveyances
In this period Azerbaijan exported to foreign countries (along with CIS) export goods worth $3.44bn, which comprises 79.17% of entire export. The export was mainly comprised of oil products, fruits, ferrous metal.
Moreover, export of goods to CIS countries amounted to $905.34m, or 20.83% of all export. The same time import from these countries amounted to 1447.5m 34.46% of all import. The foreign trade ended in a balance $542,146m in red. Azerbaijan mainly imported rigs, land transport conveyances, oil products and grains, but exported fruits, oil, chemical substances, oil and fat.