Azerbaijan increases export of goods by 36.5%

Baku, Azerbaijan, July 10

By Anvar Mammadov – Trend:

Azerbaijan exported goods worth $5.27 billion in January-June 2017 that is by 36.5 percent more than in the same period of 2016, according to a report of the country’s State Customs Committee.

The share of state sector in export totaled $4.27 billion, private sector – $868.13 million, individuals – $129.59 million.

Azerbaijan mainly exported oil and oil products, gas, plastic and plastic products, as well as fruits and vegetables in January-June 2017.

TOP-5 goods exported by Azerbaijan at the total cost:

During the period, import totaled nearly $3.41 billion, which is by 15.7 percent less than in January-June 2016. Some $406.39 million accounted for the state sector share in import operations, and $2.8 billion – for the private sector, $202.86 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 (total cost):

Azerbaijan’s foreign trade operations rose by 9.8 percent and amounted to $8.68 billion in January-June 2017, as compared to the same period of 2016. The surplus in the reporting period amounted to $1.86 billion, whereas in January-June 2016, a trade deficit of $184.55 million was recorded.