Baku, Azerbaijan, June 10
By Anvar Mammadov – Trend:
Azerbaijan exported goods worth $4.45 billion in January-May 2017 that is by 44.1 percent more than in the same period of 2016, according to a report of the State Customs Committee.
The share of state sector in export totaled $3.57 billion, private sector – $783.5 billion, individuals – $95.61 million.
Azerbaijan mainly exported oil and oil products, gas, plastic and plastic products, as well as fruits and vegetables in January-May 2017.
TOP-5 goods exported by Azerbaijan at the total cost:
|
Items |
January-May 2017 |
January-May 2016 |
||
|
Quantity |
Cost (with dollars) |
Quantity |
Cost (with dollars) |
|
|
Oil, tons |
8,072,518.52 |
3,230,141.02 |
8,916,324.35 |
2,386,202.16 |
|
Oil products, tons |
345,173.8 |
133,587.74 |
729,455.54 |
156,217.03 |
|
Natural gas, thousand cubic meters |
3,097,742.36 |
515,144.36 |
640,921.41 |
84,359.74 |
|
Fruits and vegetables, tons |
169,172.6 |
153,854.44 |
107,211.56 |
114,044.85 |
|
Plastic and plastic products, tons |
72,472.05 |
52,233.68 |
63,036.36 |
43,441.83 |
During the period, import totaled nearly $2.82 billion, which is by 15.4 percent less than in January-May 2016. Some $329.93 million accounted for the state sector share in import operations, and $2.32 billion – for the private sector, $168.49 million – for individuals.
Azerbaijan mainly imported various machines, electronic equipment, ferrous metals, plastic, timber, sugar, vegetables and fruits during the reporting period.
TOP-5 goods imported by Azerbaijan at the total cost:
|
Items |
January-May 2017 |
January-May 2016 |
||
|
Quantity |
Cost (with dollars) |
Quantity |
Cost (with dollars) |
|
|
Machines and mechanisms, electronic equipment, spare parts, USD |
- |
607,659.78 |
- |
780,066.84 |
|
Ferrous metals and ferrous goods, tons |
295,445.14 |
284,211.27 |
326,886.36 |
479,253.95 |
|
Vehicles and spare parts, USD |
- |
180,768.6 |
- |
469,649.6 |
|
Plastic and plastic products, tons |
55,882.96 |
101,285.02 |
50,037.31 |
95,739.85 |
|
Fruits and vegetables, tons |
167,483.17 |
69,335.77 |
186,610.35 |
68,368.83 |
Azerbaijan’s foreign trade transactions increased by 13.2 percent and reached $7.27 billion in January-May 2017 as compared to the same period of 2016.
Positive balance amounted to $1.63 billion in the period, while the trade balance deficit of $242.07 million was observed in January-May 2016.