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Black ink in foreign trade operations of Azerbaijan exceeds $11bn

Business Materials 19 October 2010 13:07 (UTC +04:00)
Azerbaijan's foreign trade turnover with 140 countries comprised $20.212 billion in January-September, the State Customs Committee reported. The black ink of import-export operations amounted to $11.123 billion.
Black ink in foreign trade operations of Azerbaijan exceeds $11bn

Azerbaijan, Baku, Oct. 16 / Trend A.Akhundov /

Azerbaijan's foreign trade turnover with 140 countries comprised $20.212 billion in January-September, the State Customs Committee reported. The black ink of import-export operations amounted to $11.123 billion.

In total 6.468 legal entities (3.279) and physical entities (3.189) participated in the foreign trade operations.

The amount of export increased by 56.78 ($5.674 billion) percent as compared to the same period of 2009 and comprised $15.667 billion. The share of public sector in exports totaled $14.84 billion (94.75 percent), private - $0.76 billion (4.85 percent) and individuals - 62,281 million (0.4 percent).

During the report period, imports increased by 3.81 percent and totaled $4.544 billion. The share of public sector in import operations amounted to $1.209 billion (26.6 percent), the private sector - $3,099 billion (68.21 percent) and individuals - $235.844 million (5.19 percent).

In January-September, Azerbaijan exported 1,907 types of goods and imported 5,673.

The list of main foreign trade partners of Azerbaijan seems to be as:

Export

Countries  

Countries  

Cost (bln $)

Specific weight in total export (%)

Italy

4.992

31.86

France

1.568

10.01

Israel

1.376

8.78

U.S.

1.328

8.48

Indonesia

0.740

4.73

Ukraine

0.608

3.88

Malaysia

0.578

3.69

Croatia

0.541

3.46

Russia

0.527

3.36

Canada

0.317

2.02

Import

Countries  

Countries  

Cost (bln $)

Specific weight in total export (%)

Russia

0.776

17.09

Turkey

0.522

11.49

China

0.380

8.37

Germany

0.362

7.97

Ukraine

0.348

7.67

UK

0.217

4.80

Kazakhstan

0.191

4.22

Singapur

0.167

3.68

U.S.

0.161

3.55

Korea

0.125

2.76

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