...

Share of public sector in Azerbaijan's export unveiled

Finance Materials 20 June 2020 10:06 (UTC +04:00)
Share of public sector in Azerbaijan's export unveiled

BAKU, Azerbaijan, June 20

By Eldar Janashvili - Trend:

Azerbaijan exported products worth a total of $6.9 billion from January through May 2020, which is 19.1 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 $3.4 billion, which makes about 49.5 percent of the total export. The share of the private sector (legal entities) is $3.5 million, or 50.2 percent of the total export. Individuals accounted for the remaining $25.2 million.

In total, Azerbaijan exported 2,050 and imported 6,691 types of goods, conducting foreign trade operations with 166 partner countries. Most of all, from January through May 2020, Azerbaijan exported oil and petroleum products, electricity, fruits and vegetables, as well as products of the chemical industry.

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

Goods

From January through May 2020

From January through May 2019

Quantity

Cost

Quantity

Cost

Crude oil, crude oil products, tons

13.7 million

$5 billion

14 million

$6.7 billion

Natural gas, 1,000 cubic meters

5.4 million

$1 billion

4.9 million

$871.6 million

Fruits and vegetables, tons

226,772

$153.9 million

251,646

$241 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

492,106

$132.2 million

436,224

$219.9 million

Plastic and plastic products, tons

103,605

$75.4 million

82,461

$149 million

---

Follow the author on Twitter: @eldarjanashvili

Tags:
Latest

Latest