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Azerbaijan reveals shares of private and public sectors in total export in 1Q2022

Economy Materials 19 April 2022 10:09 (UTC +04:00)
Azerbaijan reveals shares of private and public sectors in total export in 1Q2022
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 19. Azerbaijan exported products worth almost $7.9 billion in 1Q2022, which is almost two times (by 92.8 percent) more than in the same period in 2021, Trend reports citing Azerbaijan State Customs Committee (SCC).

The share of the public sector in Azerbaijan's exports amounted to $3.1 billion, or 38.9 percent of its total volume during this period.

The share of the private sector amounted to more than $4.8 billion, or 60.8 percent of its total volume.

Individuals exported $20.9 million (0.27 percent).

Azerbaijan totally exported 1,910 and imported 6,075 items of goods, carrying out foreign trade operations with 152 countries in 1Q2022.

Most of the Azerbaijani exports were oil, oil products, electricity, fruits, and vegetables, also chemical products from January through March 2022.

Top 5 goods exported by Azerbaijan by total value:

Product name

1Q2022

1Q2021

Quantity

Cost

Quantity

Cost

Crude oil

5.8 million tons

$3.6 billion

7.04 million tons

$2.6 billion

Natural gas

5.6 billion cubic meters

$3.4 billion

6.1 billion cubic meters

$867.06 million

Fruits and vegetables

97,033 tons

$124.9 million

89,906 tons

$97.2 million

Plastic and plastic products

112,468 tons

$114.8 million

117,226 tons

$90.2 million

Petroleum products obtained from bituminous rocks and oil, products containing oil or oil products with a share of 70% or more

158,729 tons

$91.07 million

225,615 tons

$91.2 million

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