Foreign trade of Azerbaijan (january-november 2011)

Analysis Materials 9 January 2012 12:14 (UTC +04:00)

The foreign trade turnover with 148 world countries amounted to $33.151 billion in January-November 2011, or 31.98 percent more than in January-November last year. The volume of exports increased by 27.01 percent to $24.643 billion compared to the same period of 2010. The volume of import increased by 48.87 percent and hit $8.51 billion. Azerbaijan exported 2,017 products, and imported 6,112 different goods. The index of export exceeded import in January-November this year. This formed the foreign trade surplus to the amount of $16.135 billion.

During this period, 7,877 legal and physical entities were involved in foreign trade operations, including 3,705 - legal entities and 4,172 - physical entities.

The share of public sector in exports totaled $23.479 billion (95.7 percent), private - $0.987 billion (4 percent), the share of physical entities - $0.177 billion (0.72percent).

The share of public sector in import operations amounted to $3.013 billion (35.41 percent), the private sector - $5.09 billion (59.83 percent), physical entities -$0.41 billion (4.82 percent).

As in previous periods, oil and oil products are mainly exported from Azerbaijan.

Export of oil and oil products, natural gas and electric power in Jan.-Nov.


Name of the product


cost, thousand dollars

Crude oil (according to meters)

34990888,8 tons



- via ВТС

28667206,9 tons


- Baku-Supsa

3577936,1 tons


- Baku-Novorossiysk

1831740,0 tons


- via railway

914005,8 tons


Crude oil (according to freight customs declarations)

25922333,1 tons


Oil products



Natural gas (according to meters)

6358678,0 thousand cubic meters


Natural gas (according to freight customs declarations)

2697800,9 thousand cubic meters


Electric power (according to meters)

404782,7 thousand kilowatt/s


Electric power (according to freight customs declarations)

737741,2 thousand kilowatt/s


Source: state customs committee

According to the Azerbaijani State Customs Committee, the country's foreign trade turnover with the CIS countries in January-November totaled $5.065.4 billion or 15.28 percent of total foreign trade turnover. The exports to the CIS countries for the period increased and amounted to $2.769.5 billion (11.24 percent of total exports compared to 11.58 percent a month earlier) and imports increased by to $2.295.8 billion (26.98 percent of total imports compared to 27.29 percent). As a result, the country had black ink in trade with them at $473.6 million.