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