Azerbaijan's foreign trade turnover ups by 33 percent per year

Azerbaijan , Baku, June 18 / Trend N. Ismayilova /

The Azerbaijani State Customs Committee (SCC) has reported the results of Azerbaijan's foreign trade operations with 1 32 world countries in January- May 2011, the SCC said.

The country's trade turnover made up $1 4. 073 billion, up 3 2.98 percent from the respective period of last year.

The surplus of the foreign trade turnover was $ 7.093 billion.

Over the period, foreign trade operations involved 2,737 legal entities and 2, 057 physical persons (a total of 4, 794).

The value of export operations was $ 10.583 billion, an increase of 29.43 percent compared to the same period of 2010.

The share of state sector in exports totaled $ 10.11 billion (95. 5 percent), private -$ 0. 44 billion (4.2 percent) and physical entities - $ 33.02 million (0. 3 percent).

In January- May, the value of import operations was $ 3.49 billion, an increase of 45.06 percent compared tothe same period of 2010.

The share of state sector in imports totaled $ 1. 257 billion (3 6 percent ), private -$ 2.066 billion ( 5 9.2 percent ) and physical entities- $ 1 .66. 4 million (4. 8 percent).

Over the first 5 months, Azerbaijan exported 1, 345 items of goods and imported 5, 053 items of goods .

A list of Azerbaijan's key foreign trade partners is given below:

Export

Countries

Value ( in US$

billion)

Share in total export (%)

Italy

3 .824

36 .13

France

1 .628

15 .38

U.S.

0 .790

7 .47

Russia

0 .525

4 .96

Ukraine

0 .481

4 .54

Belarus

0 .364

3 .44

Malaysia

0 .322

3 .04

India

0 .295

2 .79

Israel

0 .183

2 .75

Virgin Islands ( U.S)

0 .228

2 .16

Import

Countries

Value ( in US$

million)

Share in total export (%)

Russia

647 .51

18 .55

Turkey

475 .05

13 .61

U.S.

298 .7

8 .56

Germany

273 .8

7 .85

Ukraine

224 .11

6 .42

China

223 .1

6 .39

France

157 .55

4 .51

Great Britain

119 .3

3 .42

Kazakhstan

96 .5

2 .76

Korean Republic

82 .8

2 .37

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