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Azerbaijan's overall exports for 9M2020 unveiled

Business Materials 22 October 2020 16:15 (UTC +04:00)
Azerbaijan's overall exports for 9M2020 unveiled

BAKU, Azerbaijan, Oct. 22

By Fidan Babayeva - Trend:

Azerbaijan exported products totaling $10.5 billion from January through September 2020, which is 28.8 percent less compared to the same period of 2019, Trend reports citing a report of the State Customs Committee (SCC) of Azerbaijan.

The share of the public sector in exports amounted to $5.28 billion, or 49.9 percent of the total export. At the same time, the private sector’s share in exports amounted to $5.24 billion, or 49.62 percent of the total export. Individuals’ exports amounted to $41.7 million.

In total, Azerbaijan exported 2,722 and imported 7,235 units of goods, conducting foreign trade operations with 178 partner countries. During 9M2020, most of all, Azerbaijan exported oil and petroleum products, electricity, fruits, and vegetables, as well as chemical products.

TOP-5 products exported by Azerbaijan in terms of total value:

Products

From Jan. – Sept. 2020

From Jan. – Sept. 2019

Quantity

Cost

Quantity

Cost (тыс, $)

Crude oil

21.8 million tons

$7.15 billion

23.2 million tons

$11.2 billion

Natural gas

10.1 billion cubic meters

$1.89 billion

9.1 billion cubic meters

$1.81 billion

Fruits and vegetables

397,338 tons

$402.1 million

390,176 tons

$389.8 million

Petroleum products obtained from bituminous rocks and petroleum, products containing oil or petroleum products weighing 70 percent or more

809,665 tons

$224.1 $million

708,054 tons

$345.8 million

Electricity

1.08 billion kW per hour

$51.8 million

1.45 billion kW per hour

$62.9 million

(1 USD = 1.7 manat on Oct. 22)

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