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Foreign trade of Azerbaijan (2011)

Analysis Materials 11 February 2012 11:27 (UTC +04:00)

The foreign trade turnover with 149 world countries amounted to $36.327 billion in 2011, or 29.92 percent more than last year. The volume of exports increased by 24.39 percent to $26.571 billion compared to the same period of 2010. The volume of import increased by 47.81 percent and hit $9.756 billion. Azerbaijan exported 2,082 products, and imported 6,233 different goods. The index of export exceeded import in 2011. This formed the foreign trade surplus to the amount of $16.815 billion.

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

2011

Name of the product

quantity

cost, thousand dollars

Crude oil (according to meters)

37450057,4 tons

-

including

- via ВТС

30658300,1 tons

-

- Baku-Supsa

3812555,7 tons

-

- Baku-Novorossiysk

1996400,0 tons

-

- via railway

982801,6 tons

-

Crude oil (according to freight customs declarations)

27825272,2 tons

22911044,6

Oil products

1984839,4 tons

1527661,3

Natural gas (according to meters)

7092209,2 thousand cubic meters

-

Natural gas (according to freight customs declarations)

2885821,8 thousand cubic meters

574551,6

Electric power (according to meters)

416874,5 thousand kwt/s

-

Electric power (according to freight customs declarations)

794497,5 thousand kwt/s

40133,2

Source: state customs committee

Most Azerbaijan's export fell to the crude oil for 2011 (86.74 percent). It was exported to the amount of $22.9 billion in 2011 or 24.4 percent more compared to the same period of last year.

During the reporting period, oil products were exported to the amount of $ 1.5 billion (an increase of 25 percent per year), or 4.1 percent of total exports.

Azerbaijan exported chemical products to the amount of $120.1 million in 2011, or 2 times more than the same period of last year. The figure hit 0.45 percent of total exports. It should be stressed that "Azerkimya" production association increased exports of the main types of manufactured goods: polyethylene, propylene, isopropyl alcohol, polyethylene, propylene glycol, and others to Turkey. Thus, more than 50 percent of all Azerkimya's export goods are exported to the Turkish market.

Main kinds of products exported from Azerbaijan

Name of products

2011

Compared to 2010, in %

Share in export volume, %

cost

(mln dollars)

Fruits and vegetables

0,87

231,3

149,3

Oil and butter

0,65

173,8

92,30

tobacco

0,04

9,3

136,2

Spirits and soft drink

0,06

15,7

103,85

Aluminum

0,05

12,7

472,28

Ferrous metals, tons

0,77

204,1

181,96

Raw cotton

0,02

4,9

94,74

Chemical products

0,45

120,1

250,81

source: Azerbaijani state customs committee

The largest volume of export fell to Italy in 2011. Thus, goods worth $ 9.3 billion, or 35.15 percent of total exports were exported from Azerbaijan to Italy during the period. Oil and oil products are mainly exported to this country. The following leading positions are taken by France ($ 4 billion) and U.S. (1.8 billion). It should be stressed that Italy has been taking a leading position since 2008. It took this position for almost 2 years except for the initial three months of 2008. Turkey took a leading position in January 2008 and the U.S in February and March.

The largest volume of imports falls to Russia ($ 1.6 billion) in 2011. Turkey ranks second - $1.3 billion and Germany - third ($845.3 million).

Most Azerbaijan's imports or 31.13 percent during the period fell to the imports of cars, mechanisms, equipment, electric equipment and spare parts. The import of vehicles and spare parts amounted to $ 1.689.7 billion in 2011, or 2 times more than their imports in 2010.

According to the Azerbaijani State Customs Committee, the number of cars imported on customs receipt orders increased by 9,792, or 26.9 percent, and the cost - by $90 million or 51 percent.

The "single window" introduced in the country on Oct. 21 increased the imports of cars in the country while registering cars in the country. The introduction of "single window" greatly simplified the process of state registration of imported vehicles, and significantly reduced the period of registration.

Main products imported to Azerbaijan

Name of products

2011

2010, in %

cost

(mln dollars)

Share in import volume, %

meat

22,5

0,23

124,92

flour

60,3

0,62

2730,97

butter

120,9

1,24

99,17

milk

9,3

0,10

101,64

grain

282,1

2,89

98,82

Sugar and granulated sugar

167,8

1,72

92,68

Cars, mechanisms, electric goods, equipment

3036,6

31,13

159,56

Vehicles and spare parts

1689,7

17,32

212,03

Wood and wooden goods

257,8

2,64

156,58

Consumer goods

61,3

0,63

122,52

Ferrous metals, tons

1171,9

12,01

148,88

Furniture and its parts

73,5

0,75

142,08

Pharmaceutical goods

243,03

2,49

159,75

According to the Azerbaijani State Customs Committee, the country's foreign trade turnover with the CIS countries in 2011 totaled $5.498.7 billion or 15.14 percent of total foreign trade turnover compared to 14.47 percent in 2010.

The exports to the CIS countries for the period amounted to $2.925.16 billion and imports - $2.573.5 billion. As a result, the country had black ink in trade with them at $351.6 million in 2011.

During this period, 8,540 legal and physical entities were involved in foreign trade operations, including 3,843 - legal entities and 4,697 - physical entities.

The share of public sector in exports totaled $25.251 billion (95.03 percent), private - $1.127 billion (4.24 percent), the share of physical entities - $0.193 billion (0.73 percent).

The share of public sector in import operations amounted to $3.404 billion (34.89 percent), the private sector - $5.901 billion (60.49 percent), physical entities -$0.451 billion (4.62 percent).

Azerbaijan's trade operations with foreign countries in 2011

Name of country

Export, thousand dollars

export 2010, in %

Import, thousand dollars

import 2010, in %

total

26 570 898,29

124,39

9 755 968,76

147,81

including

Far abroad:

23 645 736,34

122,04

7 182 428,43

158,03

Australia

106,94

0,41

5 844,51

135,08

Austria

3 965,41

508,88

93 583,09

106,86

Albania

9,80

0,14

17,60

-

Algeria

100 194,13

144,33

27,08

251,09

Angelia

0,00

-

1 193,53

670,45

Angelia

2,07

8,21

3,64

63,18

Andorra

0,00

-

58,83

28,04

Argentine

13 421,76

786,62 раз

23 027,89

79,06

Aruba

144,58

500,56

0,00

-

Afghanistan

100 194,13

144,33

27,08

251,09

Bangladesh

0,00

0,00

273,16

519,02

Bahrain

7,93

1,56

208,39

358,39

Belgium

2 888,89

224,53

56 840,21

127,73

Belize

24,75

-

4 109,10

140,96 раз

Bermuda islands

15,16

84,67

0,00

-

Brazil

96,45

51,83

175 937,95

108,85

Brunei

26,02

332,61

1,21

-

Bulgaria

410 410,54

300,59

35 907,61

277,71

Bolivia

0,00

-

8,92

20,47 раз

Bosnia and Herzegovina

0,00

0,00

395,89

101,75

Great Britain

15 871,71

246,39

485 722,76

160,44

Hungary

35,26

50,22

36 749,62

257,54

Virgin islands Great Britain

0,00

-

372,85

109,67

Virgin islands U.S

469 892,37

598,02

0,00

0,00

Venezuela

0,28

3,37

0,00

0,00

Vietnam

13 564,92

326,30 раз

1 371,07

120,46

Gabon

10,49

32,27 раз

6,08

69,54

Ghana

66,29

34,89 раз

0,00

-

Gayman

14,98

128,31

0,00

-

Germany

523 363,90

52,83 раз

845 280,99

139,23

Guadalupe

0,00

-

0,21

-

Greece

208 123,84

81,61

8 863,52

73,40

Georgia

535 309,01

130,26

89 492,42

178,72

Gibraltar

0,00

-

118,80

37,59

Egypt

161 089,03

148,55

2 594,12

331,22

Denmark

1 422,41

589,54

43 195,96

332,31

Dominican republic

0,00

-

1,48

-

Dominica

0,00

-

19,63

-

Zambia

0,00

-

1,25

-

Zimbabwe

0,00

-

798,77

15,56 раз

India

366 848,39

122,43

44 671,37

124,77

Indonesia

913 152,74

116,75

13 188,72

207,10

Jordan

57,83

288,31

3 535,17

144,10

Spain

283 792,92

158,97

35 587,27

187,30

Iraq

99 096,01

316,40

363,24

202,74

Iran

144 828,67

115,88

160 486,50

135,73

Ireland

42,43

159,99

12 476,73

158,20

Iceland

0,00

0,00

479,17

429,86

Israel

817 575,08

46,86

37 556,60

63,25

Italy

9 340 999,12

132,61

254 566,44

215,26

China

39 010,89

11,51

628 250,21

106,94

Canada

225,71

0,07

16 516,98

108,08

Qatar

24,26

38,39

12 042,14

167,97 раз

Cyprus

68 022,23

179,45

2 680,42

49,56

Kenya

0,00

-

677,84

89,71

Kiribati

0,00

-

2,47

26,78

Columbia

4,45

78,15

49,65

2,54

Komor islands

0,00

-

1,10

-

Congo

25,95

90,93

22,86

25,39 раз

Korean republic

444 220,06

203,41

203 819,09

129,56

Korea

0,00

-

26,38

-

Costa Rica

0,00

-

133,94

103,94

Cote dIvoire

0,00

-

2,91

-

Cuba

0,00

0,00

22,18

704,96

Kuwait

60,13

314,82

52,81

7,49

Latvia

14 013,19

359,66

12 896,46

192,40

Liberia

0,00

-

6,18

31,77

Lithuania

5 026,09

244,45

20 018,26

76,42

Lebanon

32 327,81

60,36

844,76

220,74

Libya

0,76

0,00

1,89

-

Lichtenstein

0,92

-

8,78

124,52

Luxembourg

130,91

103,30

27 755,68

280,53

Madagascar

0,00

-

0,42

36,40

Macedonia

0,00

0,00

47,99

3,26

Malawi

0,00

-

330,78

56,66

Malaysia

663 989,91

89,63

37 307,75

94,81

Malta

268 578,34

230,52

364,00

67,78

Marshal islands

0,00

-

283,39

617,81

Morocco

99 243,83

-

2 544,00

223,17

Mauritius

0,00

-

0,57

-

Mauritania

0,00

-

187,30

-

Mexico

32,26

34,00

3 960,35

135,18

Mongolia

483,59

138,78

83,00

-

Mozambique

330,97

59,88 раз

0,00

0,00

Myanma

0,00

-

3,44

30,67 раз

Nauru

0,00

-

24,08

-

New Zealand

55,13

52,88

16 552,12

88,79

New Caledonia

0,00

-

30,17

-

Norway

269,28

22,99

37 479,16

389,04

Netherlands

6 808,45

5,28

141 173,78

304,14

Niger

0,00

-

0,97

-

Nigeria

28,80

43,13

7,48

138,97

Nepal

0,00

-

68,82

171,82 раз

UAE

13 756,68

92,25

95 200,69

168,07

Oman

4 226,19

139,69 раз

152,52

420,10

Pakistan

7,33

8,58

3 014,81

118,53

Panama

46,39

272,61

9 010,38

72,63

Paraguay

0,00

-

6,60

-

Peru

1,35

-

26,21

127,02

Poland

3 110,47

53,90

119 516,69

464,68

Portugal

324 860,02

144,63

2 594,83

344,24

Puerto Rico

0,00

-

11,90

18,68

Romania

53 041,85

56,28

14 895,94

64,93

San Marino

0,00

-

87,36

228,97

Saudi Arabia

10 559,90

73,56 раз

391,91

24,99

Serbia

14,74

465,70

2 757,63

154,82

Serra Leone

32,66

81,25

0,00

0,00

Seychelles

56,34

-

659,46

22,45 раз

Syria

83,87

76,51

1 185,84

128,56

Singapore

887,10

0,17

15 951,02

9,17

U.S

1 804 637,82

110,85

630 492,23

305,66

Somali

0,00

-

5,71

131,45

Slovakia

146,11

41,16

18 969,99

106,10

Slovenia

6,26

152,12

11 053,56

181,55

Sierra Leone

32,66

-

0,00

0,00

Siangan (Hongkong)

0,00

0,00

2 177,57

295,73

Тaiwan

8,10

0,00

29 497,12

153,82

Thailand

135 374,54

69,64

18 625,18

158,73

Tersikaykos

0,00

-

5,65

-

Tanzania

3,44

-

320,28

299,55

Trinidad and Tobago

0,52

3,04

105,75

-

Tunis

0,00

0,00

5 186,22

295,88

Turkey

455 760,98

266,69

1 302 473,48

168,86

Uganda

0,31

-

0,00

-

Uruguay

0,00

-

1 666,59

170,14

Finland

69,01

279,25

65 892,14

165,52

France

4 036 652,60

217,43

608 856,96

447,24

Philippines

646,42

27,38 раз

380,24

110,11

Croatia

347 710,72

44,17

8 639,35

454,14

Chili

0,00

-

737,44

300,94

Czechia

203 903,81

872,55 раз

102 662,65

271,91

Montenegro

3,70

-

0,00

-

Central African republic

0,00

-

21,76

-

Switzerland

176 792,47

187,22

160 685,53

172,67

Sweden

601,08

604,21

85 733,00

200,64

Sri Lanka

0,00

-

17 399,38

135,58

Ecuador

0,50

-

24 201,08

137,87

Equatorial guinea

1,21

0,48

1,47

-

Estonia

663,76

143,83

4 141,85

62,26

South African republic

0,01

0,10

948,80

5,41

Japan

439,75

267,98

174 796,26

119,49

CIS:

Total:

2 925 161,95

147,41

2 573 540,33

125,21

Belarus

666 770,69

92,47 раз

64 418,74

57,24

Kazakhstan

58 281,45

130,70

217 267,88

74,04

Kyrgyzstan

21 151,31

52,17

923,39

91,74

Moldova

2 542,71

14,30 раз

5 576,78

94,13

Uzbekistan

21 881,67

107,78

50 555,12

409,93

Russia

1 187 357,16

153,49

1 640 845,82

143,32

Tajikistan

13 212,11

161,50

2 773,47

220,79

Тurkmenistan

43 921,58

21,89

12 913,61

92,78

Ukraine

909 325,71

102,33

557 755,66

119,80

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