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Azerbaijani сustoms authority discloses export indicators for 1H2020

Business Materials 21 July 2020 12:56
Azerbaijani сustoms authority discloses export indicators for 1H2020

BAKU, Azerbaijan, July 21

By Fidan Babayeva - Trend:

Azerbaijan exported products worth a total of more than $7.6 billion from January through June 2020, which is 29.7 percent less compared to the same period in 2019, Trend reports with reference to the report of the country’s State Customs Committee (SCC).

The public sector's share in exports amounted to $3.8 billion, which makes up 49.7 percent of the total export. The share of the private sector (legal entities) is $3.8 million, or 49.8 percent of the total export. Individuals accounted for $33.4 million.

In total, Azerbaijan exported 2,190 and imported 6,880 types of goods, conducting foreign trade operations with 167 partner countries. Most of all, from January through June 2020, Azerbaijan exported oil and petroleum products, electricity, as well as fruits and vegetables.

List of TOP-5 goods exported by Azerbaijan at total cost:

Goods

From January through June 2020

From January through June 2019

Quantity

Cost

Quantity

Cost

Crude oil, crude oil products, tons

15.3 million

$5.3 billion

15.8 million

$7.6 billion

Natural gas, 1,000 cubic meters

6.5 million

$1.2 billion

5.6 million

$1 billion

Fruits and vegetables, tons

327,236

$328 million

325,060

$318.3 million

Oil products obtained from bitumen and oil, besides raw materials; Products containing oil or oil products with a mass of 70 percent or more, tons

606,553

$162.9 million

520,997

$261.1 million

Electricity

920,166

$41.6 million

1.2 million

$51.9 million

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