Baku, Azerbaijan, Sept. 12
By Anvar Mammadov – Trend:
Azerbaijan exported goods worth $7.22 billion in January-August 2017 that is by 12.6 percent less 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 $5.69 billion, private sector – $1.39 billion, individuals – $143.32 million.
Azerbaijan mainly exported oil and oil products, gas, plastic and plastic products, as well as fruits and vegetables in January-August 2017.
TOP-5 goods exported by Azerbaijan at the total cost:
Items |
January-August 2017 |
January-August 2016 |
||
Quantity |
Cost (thousand dollars) |
Quantity |
Cost (thousand dollars) |
|
Oil, thousand tons |
13,270,401.01 |
5,085,538.13 |
21,811,895.73 |
6,516,964.59 |
Oil products, thousand tons |
583,653.13 |
224,906.72 |
989,985.26 |
236,434.61 |
Natural gas, thousand cubic meters |
5,182,571.64 |
926,776.92 |
5,005,978.39 |
757,731.57 |
Fruits and vegetables, thousand tons |
310,490.90 |
269,509.57 |
189,917.09 |
188,830.27 |
Plastic and plastic products, thousand tons |
108,366.40 |
74,222.22 |
99,965.39 |
65,013.49 |
During the period, import totaled nearly $5.3 billion, which is by 4.22 percent less than in January-August 2016. Some $697.52 million accounted for the state sector share in import operations, and $4.32 billion – for the private sector, $279.25 million – for individuals.
Azerbaijan mainly imported various machines and mechanisms, vehicles, ferrous metals, plastic and timber during the reporting period.
TOP-5 goods imported by Azerbaijan (total cost):
Items |
January-August 2017 |
January-August 2016 |
||
Quantity |
Cost (thousand dollars) |
Quantity |
Cost (thousand dollars) |
|
Machines and mechanisms, electronic equipment, spare parts, thousand dollars |
- |
1,181,702.31 |
- |
1,297,224.68 |
Ferrous metals and ferrous goods, thousand tons |
496,667.72 |
489,272.23 |
566,607.01 |
798,619.15 |
Vehicles and spare parts, thousand dollars |
- |
1,181,702.31 |
- |
1,297,224.68 |
Plastic and plastic products, thousand tons |
111,429.42 |
193,417.72 |
99,850.7 |
183,162.47 |
Timber and timber products, thousand tons |
- |
133,469.67 |
- |
121,805.01 |
Azerbaijan’s foreign trade operations decreased by 9.24 percent and amounted to $12.52 billion in January-August 2017, as compared to the same period of 2016. The surplus in the reporting period amounted to $1.92 billion, which is 7.7 times more than in January-August 2016.