In January to August 2006 the foreign trade turnover with 131 countries comprised $7,004m.
The volume of export grew 70.47% as compared to last year and comprised $3.66bn, while import rose 14.47% and comprised $3.34bn. The foreign trade ended in a balance 312.3 in black.
In this period the highest rate of export fell on May $1085.7m, while the lowest on January - $236.6m. As to import operations, the highest figure was fixed in July - $490.58m, while the lowest ratio in January - $253.2m
In January to August the humanitarian assistance rendered by the government and international organizations to Azerbaijan without interests through state and governmental lines, as well as international organizations comprised 17,600 tons. The technical assistance to the country amounted to $26.89bn.
Over 8 months of 2006 export of al goods rose, except animals and vegetable oil.
Structure of export in January to August 2006
|
Product |
Special weight in export, in % |
As compared to 2005, in% |
|
Crude oil |
51,85 |
254,21 |
|
Oil products |
30,35 |
158,78 |
|
Ferrous and non-ferrous metal and wares of them |
0,94 |
101,32 |
|
Alcohol and alcohol-free spirits |
0,26 |
201,14 |
|
Chemical products |
3,53 |
163,0 |
|
Cotton |
0,75 |
165,33 |
|
Tobacco and tobacco products |
0,43 |
119,84 |
|
Precious metals |
1,3 |
132,92 |
|
Fruits and vegetables |
1,95 |
151,2 |
|
Fat and vegetable oil |
1,16 |
80,65 |
|
Others |
7,47 |
Source: State Customs Committee
In this period the highest amount of export fell on Italy with the total amount of good worth $1,756.6, which comprises 48% of the all export. It is followed by Israel ($348.08m) and Turkey ($242.5).
The share of public sector in export operations made up $2434.6m (66.56%), private sector held $1178.6 (32.22%). The share of export operations by physical entities comprised $44843,500 (1.23%).
Considerable rise was observed in the import of oil and has and foodstuff. Over the month the volume of this product has doubled. The considerable rise was also observed in import of pharmaceutical goods and oily gas.
Structure of import in January to August 2006, in %
|
Product |
Special weight in import, in % |
As compared to 2005, % |
|
Foodstuff |
7,68 |
115,12 |
|
Oil gas and other gas-like hydrocarbons |
9,5 |
154,92 |
|
Consumer goods |
1,11 |
86,80 |
|
Machines and equipment |
30,21 |
96,25 |
|
Transport conveyances and spare parts to them |
16,19 |
205,9 |
|
Ferrous meta and wares of them |
8,78 |
105,41 |
|
Furniture |
0,5 |
85,59 |
|
Woods |
1,15 |
113,89 |
|
Pharmaceutical products |
0,97 |
184,54 |
|
Other |
23,91 |
Source: State Customs Committee
The traditional domination of three countries in import underwent some changes: Russia ($696.66m, UK ($309.8m) and Germany ($254.1).
The share of public sector in import operations made up $937.7m (28.04%), while private sector held $2,229,5m (66.67%). The share of export operations by physical entities comprised $177.03m (5.29%).
In January to August 2006 Azerbaijan imported $1,347,02m worth product from the CIS, which is 40.26% of the entire import. At the same time Azerbaijan exported goods worth for $562.7m (15.38% of all export). The import-export operations with CIS countries ended in a balance with $784.3m red.
Export to the CIS countries were comprised of export fuel, oil products, chemical substances, ship, animals and vegetable oil, while Azerbaijan imported from CIS mainly equipment, and transport conveyances, grains, electric appliances, different devices.