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Most exported products from Azerbaijan fall on private sector

Business Materials 29 December 2020 16:16 (UTC +04:00)
Most exported products from Azerbaijan fall on private sector

BAKU, Azerbaijan, Dec.29

By Fidan Babayeva - Trend:

Azerbaijan exported products totaling $13 billion from January through November 2020, which is 30 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 $6.3 billion, or 48.3 percent of the total export. At the same time, the private sector’s share in exports amounted to $6.69 billion, or 51.24 percent of the total export. Individuals’ exports amounted to $56.3 million.

In total, Azerbaijan conducted foreign trade operations with 183 partner countries. During 11M2020, 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. through Nov. 2020

From Jan. through Nov. 2019

Quantity

Cost

Quantity

Cost

Crude oil

27.6 million tons

$8.93 billion

29.1 million tons

$14 billion

Natural gas

12.2 billion cubic meters

$2.17 billion

10.4 billion cubic meters

$2.07 billion

Fruits and vegetables

550,645 tons

$549.5 million

563,169 tons

$541.9 million

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

994,934 tons

$271.4 $million

849,199 tons

$401.9 million

Plastics and their products

179,667 tons

$137.3 million

232,359 tons

$168 million

(1 USD = 1.7 manat on Dec.29)

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