Foreign trade of Azerbaijan (January-June 2012)

The foreign trade turnover with 135 world countries amounted to $17.17 billion in Jan.-June 2012, or 1.4 percent less than last year. The volume of exports decreased by 2.9 percent to $12.71 billion compared to Jan.-June 2011. The volume of import increased by 3.14 percent and hit $4.46 billion. Azerbaijan exported 1,714 products, and imported 5,548 different goods. The index of export exceeded import as of Jan.-June 2012. This formed the foreign trade surplus to the amount of $8.25 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 Jan.-June

2012

Name of the product

quantity

cost, thousand dollars

Crude oil (according to meters)

18 171 106,4 tons

-

including

- via ВТС

14 887 838,0 tons

-

- Baku-Supsa

1 797 167,3 tons

-

- Baku-Novorossiysk

978 704,0 tons

-

- via railway

507 397,1 tons

-

Crude oil (according to freight customs declarations)

12 716 602,2 tons

10 995 605,77

Oil products

726 408,27 tons

604 027,26

Natural gas (according to meters)

3 521 658,8 cubic meters

-

Natural gas (according to freight customs declarations)

1 361 624,4 cubic meters

298 142,41

Electric power (according to meters)

258 830,0 kwt/h

-

Electric power (according to freight customs declarations)

403 781,4 kwt/h

19 818,98

Source: state customs committee

Most of Azerbaijan's exports for Jan.-June 2012 (86.5 percent) falls to crude oil. The average export price of Azerbaijani oil, according to customs statistics for 2012 so far is $864.664 per ton, including in June - $811.16 per ton.

Azerbaijan in June increased its gas exports by 1.32 times (registration at customs) compared to May, and its share in total exports reached 2.34 percent compared to 2.61 percent in 2011.

In Jan.-June 2012, Azerbaijan exported chemical products worth $96.34 million. Compared to the same period of last year, exports of chemical products increased by over 2.26 times. The share of chemical products amounted to 0.76 percent ($12.711 billion) in total exports compared to 0.33 percent as of July 1, 2011. It should be noted that the "Azerkimya" production association increased exports of the main kinds of products: polyethylene, propylene, isopropyl alcohol, propylene glycol, and others to Turkey. Thus, over 50 percent of all exports of "Azerkimya" are exported to the Turkish market.

The success of the country in exports of aluminum and its products should be stressed. As of Jan.-June, 2012, Azerbaijan increased export of aluminum by over 20 times.

In total, about $50.384 million were sold abroad or 20.36 times more than the same period of last year. At the same time, the share of exports of aluminum and its products in the country's total exports amounted to 0.4 percent as of July 1, 2012 compared to 0.02 percent as of July 1, 2011.

Azerbaijan has two aluminum plants in Sumgait and Ganja, as well as its own raw material base (alunite). A new aluminum plant opened in Ganja produces 50,000 tons of high quality aluminum per year. It is capable of producing 100,000-200,000 tons. In this regard, the Azerbaijani government announced the plans to cease importing finished aluminum products.

Main kinds of products exported from Azerbaijan

Name of products

Jan.-June 2012

Jan.-June 2011, in %

cost

(mln dollars)

Share in export volume, %

Fruits and vegetables

89 514,00

0,70

105,50

Oil and butter

104 056,42

0,82

100,46

Spirits and soft drink

8 529,23

0,07

124,38

Aluminum

50 384,02

0,40

2 036,52

Ferrous metals, tons

65 999,80

0,52

61,28

Raw cotton

6 186,95

0,05

142,40

Chemical products

96 346,08

0,76

226,31

Source: state customs committee

In this period, the highest amount of export fell to Italy in Jan.-June 2012. Thus, during the reported period Azerbaijan exported commodities to Italy totaling $2.885.8 bln which makes up 22.7 percent of total exports. Mainly oil and oil products are exported to this country. Italy is followed by Israel ($1.323.3 bln) and Indonesia ($1.128.1 billion). Italy has maintained its leading position since 2008 excluding the first three months. Turkey took a lead in January 2008 and U.S. in February and March 2008.

Turkey ranks first on largest import volume ($723.1 million) in Jan.-June, 2012. The Azerbaijani imports hit 16.22 percent. Russia ranks second - $640.9 million and Germany - third ($344.6 million).

Most of Azerbaijan's imports (28.02 percent) in Jan.-June fell to the imports of cars, equipment, mechanisms, electric equipment and their spare parts.

The import of vehicles and spare parts ranks second in terms of the share volume in the country's import (13.66 percent). The import of ferrous metals ranks third (13.3 percent).

The largest increase in imports in January-June 2012 was observed in transporting the furniture into the country compared to the same period of last year (by 74.11 percent) although its share in imports is only 1.04 percent. The import of flour significantly declined by 98.35 percent. This testifies to the increase in grain crops in Azerbaijan.

Main products imported to Azerbaijan

Name of products

Jan.-June 2012

Jan.-June 2011, in %

cost

(thousands dollars)

Share in import volume, %

meat

11 173,97

0,25

109,67

flour

803,61

0,02

1,65

butter

76 331,49

1,71

118,55

milk

4 082,00

0,09

82,52

grain

126 156,61

2,83

91,43

Sugar and granulated sugar

79 638,60

1,79

117,13

Cars, mechanisms, electric goods, equipment

1 249 754,33

28,02

89,05

Vehicles and spare parts

609 159,27

13,66

86,51

Wood and wooden goods

144 758,25

3,25

131,44

Ferrous metals, tons

593 348,09

13,30

113,82

Furniture and its parts

46 272,14

1,04

174,11

Pharmaceutical goods

109 159,57

2,45

119,92

According to the State Customs Committee, Azerbaijan's foreign trade turnover with CIS countries in Jan.-June amounted to over $1.6571 billion or 44.1 percent less compared to Jan-June 2011. Exports to CIS countries for the period totaled $537.354 million (4.23 percent of total export), which is 68.86 percent less compared to the same period 2011 and imports - $1.12 billion (25.11 percent of total import), or 9.61 percent less compared to Jan-June 2011.

Thus, the red ink of import-export operations with CIS countries amounted to $582.646 million which is 21.4 percent more compared to Jan-June 2011.

During this period, about 6,246 legal entities and individuals were involved in foreign trade operations, including 3,069 - legal entities and 3,177 - individuals.

The share of public sector in exports totaled $12.06 billion (94.89 percent), private - $577.89 million (4.55 percent), the share of individuals - $73.73 million (0.58 percent).

The share of public sector in import operations amounted to $901.62 million (20.22 percent), the private sector - $2.71 billion (74.66 percent), individuals -$227.94 million (5.11 percent).

Azerbaijan's trade operations with foreign countries in Jan.-June 2012

Name of country

Export, thousand dollars

Export Jan.-June 2011, in %

Import, thousand dollars

Import Jan.-June 2011, in %

total

12 711 506,66

97,10

4 459 649,11

103,14

including

European countries:

5 965 979,51

78,01

1 233 116,32

98,69

Austria

692,59

29,37

67 092,40

222,27

Belgium

849,56

41,16

24 795,64

189,78

Bulgaria

413 825,22

259,95

12 390,26

147,29

Great Britain

162 226,02

17,49 раз

257 863,08

153,32

Hungary

36,10

17,64 раз

10 487,08

105,78

Germany

519 978,11

94,88 раз

344 665,48

98,14

Greece

318 167,68

244,62

2 163,79

67,46

Denmark

447,29

77,46

7 876,40

26,55

Ireland

162,35

11,90 раз

11 742,94

230,88

Spain

66 449,63

23,43

63 439,81

646,61

Italy

2 885 805,58

60,59

118 122,92

126,37

Cyprus

23 391,94

63,96

7 211,00

300,44

Latvia

3 761,55

36,13

4 780,68

79,08

Lithuania

1 972,10

50,93

7 852,26

139,37

Luxembourg

50,52

164,07

10 686,28

311,05

Malta

51 680,57

36,47

0,29

0,10

Netherlands

3 853,78

122,55

70 414,68

132,63

Poland

1 576,90

122,86

16 744,14

44,29

Portugal

174 982,40

238,58

1 748,96

244,00

Romania

39 099,58

77,71

4 375,95

38,79

Slovakia

2,00

7,52

10 359,38

141,36

Slovenia

0,00

0,00

3 243,56

108,60

Finland

9,71

22,91

18 753,49

76,22

France

1 096 506,34

55,66

76 084,47

27,54

Czechia

200 194,97

1368,31 раз

43 749,56

63,95

Sweden

10,40

2,60

35 769,29

144,91

Estonia

246,62

69,55

702,53

30,08

Other countries:

6 208 172,98

166,99

2 106 749,92

114,79

Australia

31 084,73

1002,49 раз

3 852,52

149,55

Albania

0,00

0,00

46,50

785,50

Algeria

2 324,79

21,34 раз

55,35

85,59

Angelia (Great Britain)

0,00

0,00

1 160,07

208,32

Angola

6,10

295,19

0,00

0,00

Argentina

0,00

0,00

8 454,31

58,45

Aruba

12,01

10,79

0,00

0,00

Afghanistan

55 142,08

111,36

0,00

0,00

Bangladesh

0,00

0,00

33,86

19,29

Barbados

0,00

0,00

9,80

0,00

Bahrain

0,00

0,00

50,47

27,88

Bermudas

10,87

71,67

0,00

0,00

Bosnia and Herzegovina

2,09

0,00

87,44

157,13

Brazil

93,97

13,97 раз

84 726,86

120,95

Brunei Darussalam

2,23

90,66

1,37

0,00

Virgin islands (Britain)

0,00

0,00

401,69

373,44

Vietnam

255,51

471,47

1 042,68

288,44

Venezuela

96,94

0,00

0,00

0,00

Gabon

11,88

189,25

0,00

0,00

Ghana

34,26

975,19

35,18

0,00

Hong Kong

20,50

0,00

1 441,36

211,78

Georgia

302 326,86

120,18

45 124,29

114,03

Jabalia

0,00

0,00

359,40

502,25

Dominica

0,00

0,00

1,39

7,87

Egypt

24 395,84

22,09

3 371,15

261,76

Zimbabwe

0,00

0,00

254,23

243,38

Israel

1 323 317,56

454,66

33 757,99

193,82

India

737 057,83

249,55

48 653,10

259,97

Indonesia

1 128 091,79

246,46

22 219,59

216,16

Jordan

17,21

96,81

680,58

23,37

Iceland

0,00

0,00

8,39

45,10

Iraq

186 439,88

99,64 раз

316,33

217,05

Iran

60 359,11

64,67

89 337,88

109,62

Yemen

55,25

0,00

6,25

0,00

Cayman Islands

8,87

59,23

0,00

0,00

Cambodia

0,00

0,00

0,72

0,00

Cameroon

0,00

0,00

3,60

0,00

Canada

8 466,62

51,13 раз

17 048,67

223,23

Qatar

7,15

49,01

809,05

7,02

Kenya

0,00

0,00

48,83

7,34

China

172 684,37

847,09

290 397,64

102,88

Columbia

23,40

0,00

16,59

229,59

Korean Republic

0,00

0,00

10,08

0,00

Korea (DPRK)

44,98

2,39

129 422,16

132,57

Costa Rica

0,00

0,00

114,52

126,12

Côte d'Ivoire

0,00

0,00

0,65

22,27

Kuwait

0,00

0,00

177,65

4441,26 раз

Lebanon

27 886,84

148,32

163,75

74,64

Libya

21 274,43

27991,19 раз

5,37

870,34

Madagascar

0,00

0,00

1,28

0,00

Macao

0,00

0,00

0,54

0,00

Macedonia

0,00

0,00

75,68

293,38

Malawi

0,00

0,00

88,11

0,00

Malaysia

150 408,56

27,14

12 527,70

89,36

Mauritius

0,00

0,00

2,12

0,00

Mexico

15,66

869,79

1 888,37

99,74

Mongolia

163,15

133,66

0,24

0,75

Montenegro

0,00

0,00

3,95

0,00

Morocco

0,00

0,00

2 670,90

110,39

Nepal

0,00

0,00

1,80

2,64

Nigeria

22,79

103,36

0,00

0,00

New Zealand

119,80

221,33

11 268,14

123,19

Norway

2 129,12

17,96 раз

9 974,88

124,59

the United Arab Emirates (UAE)

5 546,44

225,90

52 132,94

196,97

Oman

16,40

41,00 раз

100,32

107,81

Pakistan

0,99

13,56

541,47

22,44

Palestine

0,00

0,00

4,33

0,00

Panama

0,00

0,00

4 850,62

278,57

Papua New Guinea

0,90

0,00

0,00

0,00

Peru

5,62

416,23

27,12

105,57

Puerto Rico (USA)

0,00

0,00

111,78

55,58 раз

San-Marino

4,21

0,00

692,38

33,08 раз

Saudi Arabia

5,30

0,05

14 519,66

102,20 раз

the Seychelles

1,10

31,11

371,17

28,80 раз

Saint Kitts and Nevis

0,00

0,00

27,80

0,00

Serbia

3,45

40,29

16 315,29

20,00 раз

Singapore

250 356,84

1085,50 dəfə

9 129,16

115,79

Syria

13,00

18,85

384,97

62,13

United States of America (USA)

627 827,72

72,99

237 224,41

74,98

Sierra Leone

73,90

226,26

0,00

0,00

Taiwan

297 964,66

0,00

11 604,54

69,06

Thailand

235 171,88

431,40

12 012,37

184,41

Tanzania

0,00

0,00

340,59

0,00

the Turks and Caicos Islands

0,00

0,00

6,60

0,00

Trinidad and Tobago

28,00

53,88 раз

0,00

0,00

Tunisia

155 660,78

0,00

100,35

2,06

the Turks and Caicos Islands

0,00

0,00

6,60

0,00

Turkey

301 638,53

181,60

723 107,00

125,13

the Philippines

9,80

0,00

149,85

49,71

Croatia

64 727,76

31,74

1 913,87

94,94

Central African Republic

0,00

0,00

0,70

3,23

Chili

0,00

0,00

201,30

41,96

Switzerland

33 932,31

77,26

67 023,06

98,21

Sri-Lanka

0,00

0,00

6 212,78

76,85

Uruguay

0,00

0,00

223,14

58,08

Ecuador

0,00

0,00

11 222,00

96,40

Equatorial Guinea

2,24

0,00

0,00

0,00

South African Republic

1,60

0,00

1 088,05

253,86

Jamaica

0,00

0,00

4 700,11

0,00

Japan

351,60

205,67

108 197,17

129,13

others

412,91

211,21

0,00

0,00

CIS countries:

537 354,17

31,14

1 119 782,87

90,39

Belarus

5 818,64

1,48

41 606,60

121,09

Kazakhstan

21 205,84

54,07

156 974,10

151,75

Kyrgyzstan

1 816,81

28,48

820,66

157,31

Moldova

20,36

59,46

2 230,45

141,96

Russia

394 253,63

58,09

640 929,46

82,58

Tajikistan

24 455,59

446,29

135,40

8,44

Turkmenistan

32 243,24

150,05

6 217,57

71,00

Uzbekistan

10 413,02

98,42

4 042,36

9,70

Ukraine

47 127,04

8,25

266 826,27

98,54

Source: state customs committee

Kazakhstan, Tajikistan resuming mutual air traffic
Kazakhstan, Tajikistan resuming mutual air traffic
Turkey's exports to OIC countries on the rise
Turkey's exports to OIC countries on the rise
Uzbekistan, Tajikistan talk opening ground checkpoints
Uzbekistan, Tajikistan talk opening ground checkpoints
Loading Bars
Latest
WHO official advises against introducing ‘immunity passports’ for travelers now
Russia logs 11,022 new COVID-19 cases
Azerbaijan confirms 149 more COVID-19 recoveries
Turkish FM pays official visit to Turkmenistan (PHOTO)
Iran reveals COVID-19 data for March 6
Uzbekistan transfers funds to UN Trust Fund for Aral Sea region
Turkish FM announces trilateral meeting between Azerbaijan, Turkey, Turkmenistan
Lybian diplomat harshly condemns Armenia using mosque in Azerbaijani Fuzuli as stable
Iran discusses relations with IAEA
Iran's nuclear activities completely peaceful - Rouhani
Who could say that Azerbaijan was wrong when the war started? - President Aliyev
New stage already evident in economic sphere, period of transparency, precision, when monopolies suppressed - President of Azerbaijan
As Commander-in-Chief, I know where our weaknesses are - Azerbaijani president
Today we are working on equal agreement with EU, it has been agreed by 90% - President of Azerbaijan
At new stage, we need to further deepen political dialogue - President Aliyev
Why are our “democrats” silent? Why aren’t they saying that Pashinyan should become example for us? - Azerbaijani president
Popular Front-Musavat ruined relations with almost all countries in just one year - Azerbaijani president
Azerbaijan today is country conducting large-scale reforms - President Aliyev
We have no problems with any political entity in country - President of Azerbaijan
If there were no outside help now, Armenia would be gone, completely - President Aliyev
If we are building road, asphalt is ours, bitumen is ours, gravel is ours, so why should we take external credits - Azerbaijani president
We never begged like Armenia, never humiliated ourselves, never asked anyone for help - Azerbaijani president
2003-2020 period was one of preparations - President Aliyev
Younger generation should know at what cost we were able to maintain independence - Azerbaijani president
Today Armenia shies away from cooperation, we will force them - President Aliyev
Absolute majority of participants in battles are people who were children when I came to power in 2003 - President of Azerbaijan
To put it mildly, Luxembourg does not have special political weight in world for its foreign minister to make any claims to us - President Aliyev
So many accused me – Ilham Aliyev does not want peace - Azerbaijani president
Hands of Popular Front-Musavat tandem were imbrued in blood of Azerbaijani people - President Aliyev
Country was in absolutely uncontrollable state during PFPA-Musavat tandem - President Aliyev
It is necessary to plan future of country in such way as to ensure long-term sustainable development - President Aliyev
I highly appreciate activities of “91”, for whom national interests were paramount at time - President Aliyev
Establishment of New Azerbaijan Party was necessity - President Aliyev
Heydar Aliyev's unambiguous, resolute steps related to independence were highly appreciated by people - President of Azerbaijan
Turkish investors have interest in Azerbaijan's business environment - Turkey's MUSAID
We turned Azerbaijan into country enjoying great authority, respect in international arena - President Aliyev
We are a country that creates realities - President of Azerbaijan
Program I announced after presidential elections is being implemented, we are consistently achieving our goals - President Aliyev
Many important events taken place in life of country in three years since sixth congress of New Azerbaijan Party - President Aliyev
Reps of diplomatic corps in Azerbaijan visit Fuzuli airport's construction area
Uzbekistan reveals its COVID-19 data for March 6
U.S. Embassy Announces 2021-2023 GIPA Master’s Degree Program in Journalism
Georgia reports 355 new cases of COVID-19 cases for March 6
Azerbaijan shows footage from Zangilan's Garadere village (VIDEO)
Democrats advance Biden's $1.9 trillion COVID-19 bill in marathon Senate session
President Ilham Aliyev congratulates Azerbaijani women on International Women's Day
Iran's Revolutionary Guard has disrupted airplane hijacking attempt
Diplomats accredited in Azerbaijan start visits to liberated lands (PHOTO)
Iranian currency rates for March 6
Azerbaijani Nakhchivan's Separate Combined Arms Army holding live-fire training classes (PHOTO/VİDEO)
Azerbaijani Agency for Development of SMEs continues to support self-employment program
COVAX delivers over 20 mln doses of COVID-19 vaccines to 20 countries - WHO
Interest-free funding regulation may boost Turkey's home sales
Iran records 0.8% economic growth under sanctions, pandemic
2021 Index of Economic Freedom: Georgia 12th in world and 7th in Europe
Electricity consumption in February amounted to 1.6 bln kWh in Kyrgyzstan
Chinese investors have major potential for attracting cargoes to Georgian Anaklia seaport
Belgium announces phased plan to ease COVID-19 restrictions
More than 20,000 U.S. organizations compromised through Microsoft flaw
U.S. detained nearly 100,000 migrants at Mexico border in February
Number of German enterprises in Uzbekistan increases in last four years
Spike in Canada exports to U.S. leads to surprise January trade surplus
Brazil working with Biden on climate, Amazon deforestation - foreign minister
Luxembourg ratifies protocol on tax agreement with Russia
U.S., Britain announce 4-month tariff suspension in aircraft subsidy dispute
Aeroflot to make flights to Seychelles from April 2
Kazakh MFA talks great importance of developing relations with Turkic-speaking countries
Georgia expands list of countries from which tourists can travel to country
Iran to hold talks with EAEU soon
Pfizer vaccine to arrive in Georgia in the week of March 22 - seputy health minister
Turkey registers more than 11 302 new coronavirus cases
Kazakhstan, Uzbekistan ink agreement to step up cooperation in healthcare
Wind energy replaces coal as Germany's biggest energy source in 2020
National Bank of Kazakhstan adopts several anti-crisis measures during COVID-19 pandemic
Azerbaijani FM, head of Baku office of CE exchange views on development of new action plan for cooperation (PHOTO)
Norwegian company discloses amount of investments made in Azerbaijan
BSEC countries discuss impact of pandemic on tourism sector
Azerbaijan’s AzerGold, Chem Trade company sign contract
Georgia-Ireland Council to be important chain for strengthening bilateral economic relations
Uzbekneftegaz, Uzbek-Chinese JV talk prospects for co-op in oil, gas industry
Russia's Rosselkhoznadzor discloses volumes of agricultural products supplied to Georgia
World Bank may support Azerbaijan in fight against COVID-19
Azerbaijan names volume of compulsory non-life insurance market in Jan.2021
Swiss plan free coronavirus tests for population
Liberated Azerbaijani lands have great potential in winemaking
Azerbaijan may apply quarantine measures if COVID-19 infections continue to increase
UK watchdog looks to 'open banking' apps to help boost competition
Georgian mobile operators see decrease in total revenues for 2020
Georgia plans to build hanger in Telavi airport for private jets
Chevron to buy out Noble Midstream in all-stock $1.32 billion deal
Azerbaijani State Security Service shares grief of death of Turkish servicemen
Azerbaijan eyes to start employment promotion activities in liberated areas
Armenia once again demonstrates that it is far from sound thinking - Azerbaijani Foreign Ministry
Initiated by Mehriban Aliyeva, Heydar Aliyev Foundation makes new contribution to protection of world and religious heritage in Vatican (PHOTO)
Azerbaijan's MoD shares footage from Aghdam's Taghybayli village (VIDEO)
Kazakhstan offers Uzbekistan to consider launching production of Kazakh COVID-19 vaccine
Mehriban Aliyeva appointed as first deputy chairperson of New Azerbaijan Party
First website of sign language dictionary to be developed in Azerbaijan
Trans-Caspian Fiber Optic Cable Project discussed at “Kazakhstan-Azerbaijan: New Opportunities for Cooperation” event (PHOTO)
Turkey’s activity on Turkmenistan’s state commodity exchange in Feb. 2021
All news