Baku, Azerbaijan, March 15
By Kheyraddin Nasirzade - Trend:
Azerbaijan exported goods worth $3.15 billion in January-February 2019, which is 42.6 percent more than in January-February 2018, Trend reports referring to the Azerbaijan State Customs Committee.
The share of the public sector in exports amounted to $2.03 billion, private sector to $1.1 billion, individuals to $11.06 million.
During the period, Azerbaijan mostly exported oil and oil products, natural gas, electricity, fruits and vegetables.
Top 5 goods exported by Azerbaijan:
|
Goods |
January-February 2019 |
January-February 2018 |
||
|
Volume |
Value (thousand USD) |
Volume |
Value (thousand USD) |
|
|
Oil, tons |
5,781,785.43 |
2,603,955.57 |
3,648,802.68 |
1,827,303.52 |
|
Natural gas, 1,000 cubic meters |
2,019,599.2 |
212,357.69 |
205,048.95 |
29,428.88 |
|
Fruits and vegetables, tons |
79,114.66 |
75,972.49 |
57,273.12 |
58,418.59 |
|
Oil products, tons |
92,568.16 |
48,501.43 |
217,283.8 |
107,007.39 |
|
Electricity, 1,000 kW/h |
701,931.71 |
30,471.2 |
398,840.59 |
20,290.09 |
Imports amounted to $2.17 billion during the period, which is 49.2 percent more than in January-February 2018.
The share of the public sector in imports amounted to $872.2 million, private sector to $1.18 million, individuals to $114.5 million.
The most popular products imported by Azerbaijan during the period were various machines, vehicles and spare parts for them, ferrous metals and products made from them, wheat, plastic and plastic products.
Top 5 goods imported by Azerbaijan:
|
Goods |
January-February 2019 |
January-February 2018 |
||
|
Volume |
Value (thousand USD) |
Volume |
Value (thousand USD) |
|
|
Machines, mechanisms, electrical equipment and spare parts for them |
- |
401,095.83 |
- |
324,969.78 |
|
Vehicles and spare parts for them |
- |
151,168.56 |
- |
324,969.78 |
|
Ferrous metals and products made of them, tons |
113,295.75 |
142,415.9 |
151,369.59 |
197,288.75 |
|
Wheat, tons |
249,932.00 |
55,438.81 |
215,319.44 |
37,843.92 |
|
Plastic and products made of plastic, tons |
29,751.28 |
54,446.04 |
24,842.97 |
47,495.00 |
In general, Azerbaijan’s foreign trade operations increased by almost 45 percent amounting to $5.3 billion in January-February 2019 compared to the same period of 2018.
The positive balance in the period amounted to more than $986.3 million, which is 29.96 percent more than in the same period last year ($758.9 million).
Azerbaijan exported 1,385 types of goods and imported 5,655 types of goods during the period.
Azerbaijan's foreign trade partners were 144 countries.