Baku, Azerbaijan, Aug. 14
By Sara Israfilbayova - Trend:
In January-July 2019, Azerbaijan exported products totaling $12.267 billion, which is 14.1 percent more compared to the same period last year, Trend reports referring to the country's State Customs Committee.
The share of the public sector in exports amounted to $7.215 billion, the private sector - $5.018 billion, individuals - $34.222 million.
During the reported period, Azerbaijan mostly exported oil and oil products, natural gas, electricity, fruits and vegetables.
TOP-5 exports of Azerbaijan by total value:
Goods |
January-July 2019 |
January-July 2018 |
||
Amount |
Value (1,000 USD) |
Amount |
Value (1,000 USD) |
|
Oil, tons |
19,554,245.28 |
9,541,342.36 |
16,658,927.98 |
8,676,292.34 |
Natural gas, 1,000 cubic meters |
6,709,659.15 |
1,262,496.85 |
4,049,654.96 |
749,713.98 |
Electricity, 1,000 kWh |
1,319,123.98 |
56,546.33 |
1,205,532.49 |
56,943.11 |
Oil products, tons |
611,313.12 |
306,725.91 |
636,572.23 |
334,006.16 |
Fruit and vegetables, tons |
345,167.22 |
345,342.14 |
322,448.95 |
301,315.78 |
During the reported period, imports amounted to $8.433 billion, which is 46 percent more than in the same period of 2018. The share of the public sector in imports amounted to $3.344 billion, private - $4.586 billion, individuals - $502.6 million.
The most popular goods imported by Azerbaijan during the reported period were various machines and mechanisms, vehicles and spare parts for them, ferrous metals and products made from them, plastic and plastic products and pharmaceutical products.
TOP-5 imports of Azerbaijan by total value:
Goods |
January-July 2019 |
January-July 2018 |
||
Amount |
Value (1,000 USD) |
Amount |
Value (1,000 USD) |
|
Machines, mechanisms, electrical equipment and spare parts for them |
- |
1,518,957.70 |
- |
1,370,339.72 |
Vehicles and spare parts for them |
- |
659,952.87 |
- |
493,215.60 |
Ferrous metals and products from them, tons |
486,520.78 |
556,042.39 |
538,580.58 |
647,229.26 |
Plastics and plastic products, tons |
125,703.25 |
225,748.68 |
105,804.75 |
203,227.63 |
Pharmaceutical products, tons |
8,036.55 |
154,849.40 |
8,333.40 |
153,793.16 |
In general, in January-July 2019, foreign trade operations of Azerbaijan increased by almost 25.3 percent compared to the same period in 2018 and amounted to $20.701 billion.
The positive balance in the reported period amounted to $3.834 billion, which is 29.7 percent less compared to the same period last year ($4.972 billion).
In total, during the reported period, Azerbaijan exported 2,551 types of goods, imported - 7,020 types. Azerbaijan's foreign trade partners included 177 countries. During the reported period, 24,895 legal entities and individuals participated in foreign economic activity as a whole (6,936 - legal entities and 17,959 - individuals).
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