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Azerbaijan's foreign trade turnover hits $28 bln as of 2010

Business Materials 16 January 2011 15:33 (UTC +04:00)
Azerbaijan's foreign trade turnover with 145 countries comprised $27,924 billion in 2010, the Azerbaijani State Customs Committee reported. The black ink of import-export operations amounted to $14,725 billion.
Azerbaijan's foreign trade turnover hits $28 bln as of 2010

Azerbaijan, Baku, Jan. 16 / Trend I.Khalilova /

Azerbaijan's foreign trade turnover with 145 countries comprised $27,924 billion in 2010, the Azerbaijani State Customs Committee reported. The black ink of import-export operations amounted to $14,725 billion.

In total 7,772 legal entities (3.661) and physical entities (4.111) participated in the foreign trade operations.

The amount of export hit $21,3 billion in 2010 or 45.05 percent ($6.6 billion) more compared to the same period of 2009.

The share of public sector in exports totaled $20,184 billion (94.65 percent), private - $1,005 billion (4.71 percent) and physical entities - $135.7 million (0.64 percent).

During Jan.-Dec., imports totaled $6,599 billion, which increased by 7.78 percent ($0.476 million) compared to the same period of 2009.

The share of public sector in import operations amounted to $1.912 billion (28.98 percent), the private sector - $4.348 billion (65.89 percent) and physical entities - $338.6 million (5.13 percent).

Azerbaijan exported 2,186 types of goods and imported 6,057 for 12 months.

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

Export

Countries

Cost (bln. $)

Weight in total export (%)

Italy

7,09

33,28

France

1,86

8,71

Israel

1,74

8,18

U.S

1,54

7,21

Ukraine

0,89

4,17

Croatia

0,787

3,69

Indonesia

0,782

3,67

Russia

0,77

3,63

Malaysia

0,74

3,47

Singapore

0,51

2,4

Import

Countries

Cost (bln. $)

Weight in total import (%)

Russia

1,145

17,35

Turkey

0,771

11,69

Germany

0,607

9,2

China

0,587

8,9

Ukraine

0,465

7,05

Great Britain 

0,303

4,59

Kazakhstan

0,293

4,45

U.S

0,206

3,13

Singapore

0,174

2,64

Brazil

0,162

2,45

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