Baku, Azerbaijan, Nov. 15
By Taleh Mursagulov - Trend:
Azerbaijan exported goods worth $15.97 billion in January-October 2018, which is 76.46 percent more than in the same period of 2017, the Azerbaijan State Customs Committee said.
Share of the public sector in exports amounted to $11.37 billion (71.19 percent), private sector – $4.53 billion (28.38 percent), individuals – $69.29 million.
During the reported period, Azerbaijan mostly exported oil and oil products, natural gas, aluminum, plastic and plastic products, fruits and vegetables.
TOP 5 goods exported by Azerbaijan
Goods |
January-October 2018 |
January-October 2017 |
||
Volume |
Value (thousand $) |
Volume |
Value (thousand $) |
|
Oil, tons |
24,195,372.68 |
12,923,328.03 |
16,977,159.44 |
6,539,344.36 |
Oil products, tons |
895,112.19 |
459,661.82 |
686,007.3 |
268,227.81 |
Natural gas, 1,000 cubic meters |
6,184,175.16 |
1,209,621.69 |
5,649,024.92 |
1,001,705.19 |
Fruit and vegetables, tons |
443,196.13 |
405,497.75 |
408,186.87 |
375,321.62 |
Aluminum, tons |
44,933.72 |
102,664.52 |
50,754.41 |
98,081.79 |
Imports amounted to $9.25 billion during the reported period, which is 32.9 percent more than in January-October 2017.
Share of the public sector in imports amounted to $2.09 billion, private sector – to $6.65 billion, individuals – to $515.1 million.
The most popular products imported by Azerbaijan during the period were various machines and mechanisms, ferrous metals and products made from them, vehicles and spare parts for them, plastic and plastic products, wood and wooden products.
TOP 5 goods imported by Azerbaijan
Goods |
January-October 2018 |
January-October 2017 |
||
Volume |
Value (thousand $) |
Volume |
Value (thousand $) |
|
Machines, mechanisms, electrical equipment and spare parts for them, thousand $ |
- |
2,095,667.3 |
- |
1,489,997.07 |
Wood and products made of wood |
- |
244,142.24 |
- |
174,557.95 |
Ferrous metals and products made of them, tons |
773,944.89 |
1,029,742.19 |
642,383.21 |
657,227.51 |
Vehicles and spare parts for them |
- |
715,121.35 |
- |
907,880.51 |
Plastic and products made of plastic, tons |
156,458.06 |
298,979.90 |
143,543.72 |
247,392.68 |
In general, Azerbaijan's foreign trade operations increased by almost 57.51 percent amounting to $25.22 billion in January-October 2018 compared to the same period of 2017.
The positive balance in the period amounted to more than $6 billion, against $2.1 billion in January-October 2017.
Azerbaijan exported 2,875 types of goods and imported 7,367 types of goods during the period.
Azerbaijan's foreign trade partners are 178 countries.
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