Russia expects record level of trade turnover with Azerbaijan in 2012

Azerbaijan, Baku, Nov. 22 / Trend J. Nasibova /

The bilateral trade between Russia and Azerbaijan may reach $ 3.1 billion as of 2012. This will exceed the record index of the trade turnover hitting $3 billion as of 2011, Russian Trade Representative in Azerbaijan Yuri Shchedrin told media on Wednesday.

"Proceeding from the Russian Statistics Agency's data, the trade turnover volume between the two countries may reach $ 3.1 billion by late 2012," Shchedrin said.

He added that Russia is traditionally a leading exporter to Azerbaijan, and it is the main consumer of goods and services excluding crude oil.

Russia's main exports fall to cars, equipment and vehicles, food, ferrous and nonferrous metals, metal, electric power, chemicals and wood.

"Azerbaijan bans supplying VAZ cars, having no anti-lock braking system ABS and airbags, since Oct. 1," he said.

However, Russia ceases production of VAZ 2107. It is planned to develop the supply of new car models produced in Russia, such as Lada Kalina, Lada Granta, and others."

He said that Russian exports of metals and metal goods increased by 4.7 percent hitting $267.6 million for the first nine months of 2012 compared to the same period of 2011.

The volume of supplying machinery, equipment and vehicles to Azerbaijan increased by 9.1 percent to $ 569.5 million. The share of this group of goods in Russia's total export volume to Azerbaijan was 28.8 percent compared to 31.1 percent for the same period of last year.
Fuel and energy product supplies increased by 19.4 percent and chemical products by 17.6 percent.

Moreover, the supplies of food and agricultural raw materials decreased by 3.4 percent to $386.9 million.

Food and agricultural products dominated in the nomenclature of goods imported from Azerbaijan to Russia. Around 55.4 percent fell to Azerbaijan's total exports to Russia. The supplies increased by 18.3 percent to $188.4 million.

"The volume of Azerbaijani gas to the Russian market for the first nine months amounted to 944.9 million cubic meters due little supply of the planned volume of gas from Azerbaijan to Russia," he said.

Azerbaijan has right to liberate its lands by military means - Turkish general
Azerbaijan has right to liberate its lands by military means - Turkish general
Youth Union of New Azerbaijan Party issues appeal regarding Armenian provocation
Youth Union of New Azerbaijan Party issues appeal regarding Armenian provocation
PACE rapporteurs welcome decision to release Tofig Yagublu to house arrest
PACE rapporteurs welcome decision to release Tofig Yagublu to house arrest
Loading Bars
Latest
Review of Georgian corn export to Azerbaijan
Azerbaijan has right to liberate its lands by military means - Turkish general
Azerbaijan confirms 113 more COVID-19 recoveries
Value of exports from Iran's Maragheh County revealed
Georgian corn oil to enter local market
ROMGAZ moves towards becoming active player on natural gas distribution market
Azerbaijan's Energy Ministry reveals data on gas production, export
Iran reveals its COVID-19 data for September 22
Youth Union of New Azerbaijan Party issues appeal regarding Armenian provocation
PACE rapporteurs welcome decision to release Tofig Yagublu to house arrest
Oil rises on expectations demand can survive new lockdowns
Azerbaijan reveals oil production, export figures for ACG, Shah Deniz field
Electricity potential of Iran's thermal power plants up
Demand for Turkish electrical goods in China down
Turkmenistan, France's MEDEF considering priorities for infrastructure dev't in country
Greece plans to properly exploit fact of receiving natural gas from Azerbaijan
Iran inaugurates new healthcare centers
Kazakhstan's postal service operator to buy spares via tender
Documents on archiving pension files to be in e-format in Azerbaijan
Kazakhstan, France trade down twofold amid COVID-19
Iran’s Tehran Oil Refining Company to boost its capital
Microsoft Azerbaijan talks about cybersecurity within country
Azerbaijani president congratulates King of Saudi Arabia
Azerbaijani president’s interview to local TV channels in spotlight of foreign media
Armenia - threat to international peace and law, Iranian lawyer says
Italian geopolitical analyst: Azerbaijan is a platform of intercultural, intercivilizational dialogue
Group of insurance experts created in Azerbaijan
Two types of overpasses built on Georgian section of BTK
Equinor increases its improvement ambition by 50%
Gold price declines in Azerbaijan
UK and U.S. exchanged tariff offers during trade talks
Uzbekneftegaz reveals natural gas and gas condensate production volumes
Turkmenistan increases export of ECO-93 gasoline
Wood Mackenzie: Azerbaijan’s contribution to Europe’s energy supply only set to grow
President Ilham Aliyev, first lady Mehriban Aliyeva view new ambulances delivered to Azerbaijan (PHOTO)
Apple harvest started in several regions of Turkmenistan
Uzbekistan, India enhance cooperation in nuclear energy field
In Tel Aviv COVID-19 ward, warnings of dwindling hospital capacity
Fruits and vegetables export in Uzbekistan decrease
German economy to shrink by 5.2% this year, grow by 5.1% next year
Azerbaijan's imports of French products declines
Iran's Tehran Oil Refining Company to expand gasoline production
Network of greenhouses expanding in Turkmenistan’s Dashoguz region
Peach export in Uzbekistan up
Azerbaijani oil prices show decline
Ukraine's imports of electrical goods from Turkey surges
Turkmenistan developing digitalization in trade system
Georgia reports 218 new cases of COVID-19
Second unit of Qeshm TPP connected to Iran's electricity network
FM: Turkey always next to Azerbaijan in its just struggle
EBRD to assess investment requirements in Georgia
India's new coronavirus infections at lowest in almost a month
Azerbaijani currency rates for September 22
Iranian currency rates for September 22
Turkmenistan, Afghanistan discuss construction of Akina-Andkhoy, Turgundi-Herat railways
UNEC brand is recognized in 10 countries
Turkey's President: Connivance towards Armenian attacks on Azerbaijani lands - real example of hypocrisy in world
Production of chemical, petrochemical products in Iran spikes
Weekly review of Georgian capital markets (Sept.14 - Sept.18)
COVID-19 to impact oil & gas deals’ activities in short-term
Turkish export of cars to France spikes
Iran boosts manufacturing of several industrial products
Turkmenistan, Uzbekistan put forward number of proposals for expanding co-op
Uzbekistan reveals its COVID-19 data for September 22
Global diesel market to remain oversupplied deep into 2020s
Armenia violates ceasefire with Azerbaijan 33 times
Azerbaijan's AzInTelecom improving cloud technologies (PHOTO)
Intel gets U.S. licence to supply some products to Huawei
5G technology to improve four areas in oil and gas industry
Georgian MP: Armed attack on Azerbaijan to have catastrophic consequences for Armenia
Iran is expected to increase oil production
Turkey records 1,743 new COVID-19 cases, 1,202 recoveries
Salome Zurabishvili addressed world leaders at UN high-level meeting
Iran, Qatar urge enhancing bilateral ties
Int'l Road Transport Union supports transport infrastructure digitalization in Uzbekistan
67 COVID-19 infections reported in Kazakhstan over past day
Mexico surpasses 700,000 confirmed COVID-19 cases
Fifteen more coronavirus patients die in Moscow in past day
Huawei plans more cuts to jobs, investment in Australia
Trump to 'cut off' TikTok if deal cannot be saved
Tunisian PM decides to step up security campaigns to combat COVID-19
EU adopts new rules for state aid to reduce carbon emissions
Kazakhstan doubles crude oil exports to Croatia, Lithuania in 1H2020
Turkey sets global example with online therapy sessions to combat COVID-19 woes
Azerbaijani president: We launched broad political dialogue initiative several months ago
Tajikistan, Uzbekistan eye to increase freight traffic between two countries
President Ilham Aliyev: Azerbaijan’s economy developed rapidly, and its GDP tripled in last 17 years
FM Zarif due in Moscow soon
Azerbaijani president: Policy of "Azerbaijanophobia" prevailing in Armenia, hatred against Azerbaijani people instilled in young generation
Azerbaijani president: Armenia deliberately targets civilian population, perpetrates provocations along Line of Contact and Armenia-Azerbaijan border
Azerbaijani president: Development of democracy and human rights protection among top priorities of our government
President Ilham Aliyev: Azerbaijan plays important role in promotion of dialogue of cultures
President Ilham Aliyev: Thanks to undertaken measures, situation with COVID-19 remained under control in Azerbaijan
Azerbaijani president: Aggressive rhetoric and provocations of Armenia show that Armenia is preparing for new aggression against Azerbaijan
President Ilham Aliyev: Glorification of Nazism is state policy in Armenia
President Ilham Aliyev: Prime Minister of Armenia deliberately undermines format and substance of negotiation process
Azerbaijani president: Ongoing COVID-19 pandemic has demonstrated once again significance of multilateralism
Azerbaijani president: Role of UN in global economic governance should be strengthened
Brazil's COVID-19 death toll reaches 136,895
Georgia decreases import of cement from Azerbaijan
All news