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Azerbaijani State Customs Committee announces volume of trade turnover for January-July

Business Materials 14 August 2010 13:10 (UTC +04:00)
The Azerbaijani State Customs Committee announced the results of foreign trade operations in January-July, which were held with 135 world countries, the Customs Committee said. The total turnover of the country amounted to $15.516 billion. The foreign trade has surplus to the amount of $8.501 billion.

Azerbaijan, Baku, August 14 / Trend A. Akhundov /

The Azerbaijani State Customs Committee announced the results of foreign trade operations in January-July, which were held with 135 world countries, the Customs Committee said. The total turnover of the country amounted to $15.516 billion. The foreign trade has surplus to the amount of $8.501 billion.

During this period, about 5,604 legal and physical entities were involved in foreign trade operations, including 3,000 - legal entities and 2,604 - physical entities.

Export operations were carried out to the amount of $12.008 billion for the first seven months of 2010. It is 68.04 percent ($4.862 billion) more compared to the same period of 2009.

The share of public sector in export totaled $11.32 billion (94.26 percent), private - $0.636 billion (5.29 percent), physical entities - $53,201 million (0.45 percent).

During January-July, imports amounted to $3.508 billion. It is 6.61 percent ($0,217 million) more over the same period in 2009.

The share of public sector in import operations amounted to $954.332 million (27.21 percent), the private sector - $2.374 billion (67.68 percent), physical entities - $179.43 million (5.11 percent).

During the first half about 1,737 goods were exported from Azerbaijan and 5,385 - imported into the country.

There is a list of major foreign trade partners of Azerbaijan:

Export

Countries

Cost (billion dollars)

Weight in total export (percent)

Italy

4,094

34,09

Israel

1,145

9,54

France

1,005

8,37

U.S

0,976

8,13

Indonesia

0,623

5,20

Ukraine

0,458

3,82

Russia

0,428

3,56

Malaysia

0,387

3,23

Croatia

0,363

3,02

India

0,298

2,49

Import

Countries

Cost (billion dollars)

Weight in total export (percent) 

Russia

0,590

16,82

Turkey

0,397

11,31

China

0,308

8,78

Ukraine

0,287

8,18

Germany

0,280

7,98

Great Britain

0,170

4,84

Singapore

0,166

4,74

Kazakhstan

0,138

3,94

U.S

0,115

3,31

Korea

0,089

2,56

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