Foreign trade of Azerbaijan (jan.-sept. 2012)

The foreign trade turnover with 149 world countries amounted to $24.556 billion in Jan.-Sept. 2012, or 7.67 percent less than Jan.-Sept. last year. The volume of exports decreased by 9.9 percent to $17.791 billion compared to the same period of 2011. The volume of import increased by 1.24 percent and hit $6.765 billion. Azerbaijan exported 1,992 products, and imported 6,024 different goods. The index of export exceeded import as of Jan.-Sept. 2012. This formed the foreign trade surplus to the amount of $11.026 billion.

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

However, the decline in oil production volumes in the country has reduced exports, and consequently has also reduced the foreign trade turnover of the country.

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

2012

Name of the product

quantity

cost, thousand dollars

Crude oil (according to meters), tons

26738773,8

-

including

- via ВТС

21635132,3

-

- Baku-Supsa

2 917 742,3

-

- Baku-Novorossiysk

1 428270,0

-

- via railway

757 629,2

-

Crude oil (according to freight customs declarations), tons

18 269 066,1

15255755,81

Oil products

1 174 852,7

966 209,85

Natural gas (according to meters), thousands cubic meters

4892792,2

--

Natural gas (according to freight customs declarations) thousands cubic meters

1 837 917,6

423 980,87

Electric power (according to meters), thousands kw/h

308 247,0

--

Electric power (according to freight customs declarations), thousands kw/h

435 739,1

21 697,41

Source: state customs committee

Most of Azerbaijan's exports (85.75 percent) fell to the export of crude oil in Jan.-Sept. 2012.

The exports of crude oil decreased by 10.92 percent compared to the same period of last year.

Azerbaijan also reduced gas export by 4.4 percent in September compared to August.

As of January-September 2012, its share in total exports amounted to 2.38 percent compared to 2.61 percent in 2011.

According to the State Customs Committee, gas export from the country in January-September amounted to 4.892 billion m3 according to the gas meters, including 5.99 billion m3 in September. Around 1.838 billion m3 of gas worth $4.24 billion, including 1.4 billion m3 worth $4.13 billion were registered in accordance with cargo customs declarations in September. Export price for 2012 is $230.69 per 1,000 m3, including $295.69 in September.

In January-September, Azerbaijan exported chemical products worth $119.703 million. Exports of chemical products increased by 54.72 percent compared to the same period of last year. The share of chemical products amounted to 0.67 percent in total exports in January-September. It should be noted that "Azerkimya" production association increased exports of the main kinds of products: polyethylene, propylene, isopropyl alcohol, polyethylene, propylene glycol, and others to Turkey. Thus, over 50 percent of all exports of "Azerkimya" is exported to the Turkish market.

The success of the country in exports of aluminum and its products should be stressed. As of Jan.-Sept., Azerbaijan increased aluminum export by 18.76 times.

In total, during the period, aluminum worth $72.568 million were sold abroad. The share of exports of aluminum and aluminum goods, of the total export volume of the country was 0.41 percent as of Oct. 1.

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 the import of finished products from aluminum.

Azerbaijan is a net exporter of electricity for the fourth year. It did not export electric power in September resumed in July. According to the State Customs Committee, in January-September 2012, electricity supply for export from the country amounted to 3.082 million kilowatt / hours in accordance with the meters.

As a result, in 2012, the country exported electricity at a price of $0.0498 per 1 kW / h, including $0.0555 per kilowatt / hour in September

Main kinds of products exported from Azerbaijan

Name of products

Jan.-Sept. 2012

Compared to Jan.-Sept. 2011, %

Cost (mln dollars)

Share in export volume, %

Crude oil

15 255 755,81

85,75

89,08

Oil products

966 209,85

5,43

87,45

Natural gas

423 980,87

2,38

93,46

Fruits and vegetables

132 777,52

0,75

111,74

Oil and butter

144 458,02

0,81

102,39

Spirits and soft drink

12 985,83

0,07

131,72

Aluminum

72 568,32

0,41

18,76 times

Ferrous metals, tons

93155,94

0,52

59,66

Raw cotton

8154,96

0,05

180,96

Chemical products

119703,76

0,67

154,72

Others

561435,97

3,16

source: Azerbaijani state customs committee

In this period, the highest amount of export fell on Italy. Thus, during the reported period Azerbaijan exported commodities to Italy totaling $3.970.75 bln which makes up 22.32 percent of total exports. Mainly oil and oil products are exported to this country. Israel ($1.526.17 bln) and Indonesia ($1.330.69 bln) hold leading positions. Italy has maintained its leading position since 2008 excluding early three months. Turkey took a lead in January and U.S. in February and March 2008.

Turkey ranks first on largest import volume ($1.040.6 billion) in January-September 2012. About 15.38 percent of the Azerbaijani imports fell to it. Russia ranks second - $954.4 million and Germany - third ($549.7 million).

Most of Azerbaijan's imports (27.39 percent) in Jan.-September accounted for the imports of machines, equipment, electric vehicles and their spare parts.

Imports of vehicles and spare parts ranks second in the country's import (15.79 percent).

Import of ferrous metals ranks third (13.03 percent of total import volume).

Furniture delivery has the greatest increase in imports in January-September 2012 (by 29.78 percent) compared to the same period of last year.

Although its share in imports hits only 0.96 percent.

Imports of flour significantly reduced by 98.05 percent.

In late September, the Azerbaijani Cabinet of Ministers signed a resolution to exempt imported wheat, meslin, wheat and wheat-rye flour from the value added tax (VAT) for the period of one year.

Main products imported to Azerbaijan

Name of products

Jan.-Sept. 2012

Compared to Jan.-Sept. 2011, %

cost

(thousand dollars)

Share in import volume, %

meat

13174,37

0,19

85,53

flour

1 115,88

0,02

1,95

butter

110 913,06

1,64

126,21

milk

4 905,63

0,07

69,75

grain

172 977,10

2,56

87,90

Sugar and granulated sugar

126 221,64

1,87

110,11

Cars, mechanisms, electric goods, equipment

1 852 845,72

27,39

85,72

Vehicles and spare parts

1 067 825,58

15,79

89,59

Wood and wooden goods

199 280,74

2,95

110,55

Ferrous metals, tons

881 394,78

13,03

105,57

Furniture and its parts

65 143,29

0,96

129,78

Pharmaceutical goods

164 072,94

2,43

105,07

source: Azerbaijani state customs committee

According to the State Customs Committee, Azerbaijan's foreign trade turnover with CIS countries in Jan.-Sept. amounted to $2.442.2 billion or 9.94 percent of total volume of Azerbaijan's foreign trade turnover. Exports to CIS countries for the period totaled $7.985.05 billion (4.49 percent of total export) and imports - $1.643.73 billion (24.3 percent of total import).

As a result, the country had a red ink in trading with them to the amount of $845.2 million compared to the surplus worth $351.62 million in 2011.

During this period, about 7,595 legal and physical entities were involved in foreign trade operations, including 3,510 - legal entities and 4,085 - physical entities.

The share of public sector in exports totaled $16.83 billion (94.6 percent), private - $849.7 million (4.78 percent), the share of physical entities - $110.74 million (0.62 percent).

The share of public sector in import operations amounted to $1.38 billion (20.4 percent), the private sector - $5.08 billion (75.15 percent), physical entities -$298.41 million (4.4 percent).

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

Name of country

Export, thousand dollars

Compared to export in Jan.-Sept. 2011, %

Import, thousand dollars

Compared to import in Jan.-Sept. 2011, %

total

17 791 186,84

90,10

6 764 828,76

98,76

including

European countries:

8 233 783,03

71,44

1 855 894,55

83,69

Austria

69 141,67

2 781,06

99 434,47

143,86

Belgium

2 244,82

92,36

32 380,82

99,44

Bulgaria

471 118,73

163,85

18 159,47

131,98

Great Britain

234 242,84

2 041,48

368 477,20

132,02

Hungary

57,39

2 803,61

14 648,11

70,75

Germany

833 729,21

539,36

549 748,11

84,68

Greece

524 649,85

258,21

3 761,55

67,76

Denmark

1 374,05

237,94

10 721,22

27,96

Ireland

188,91

1 299,64

15 974,84

179,92

Spain

66 497,50

23,44

79 529,08

472,44

Italy

3 970 759,92

56,22

175 451,46

103,76

Cyprus

23 391,94

63,96

22 075,18

841,87

Latvia

5 002,55

36,63

6 503,68

67,06

Lithuania

2 091,32

51,25

13 974,68

102,65

Luxembourg

128,45

326,89

12 435,73

94,04

Malta

51 685,36

26,62

218,54

74,09

Netherlands

5 356,86

97,65

107 483,88

132,88

Poland

2 218,02

116,52

28 105,09

25,91

Portugal

243 055,84

169,93

2 397,07

208,62

Romania

47 475,62

91,06

7 665,77

56,67

Slovakia

5,22

19,62

17 527,98

130,70

Slovenia

12,43

0,00

4 131,49

59,95

Finland

40,52

95,62

28 289,90

71,53

France

1 167 394,92

39,01

125 006,22

26,17

Czechia

511 555,34

720,72

68 269,33

81,37

Sweden

58,19

9,93

42 274,17

91,92

Estonia

305,59

53,05

1 249,51

34,22

Other countries:

8 758 898,60

151,54

3 265 194,28

117,94

Australia

31 129,90

49 758,30

5 369,75

135,64

Albania

0,00

0,00

46,50

354,91

Algeria

2 626,88

2 411,40

55,35

85,59

Angola

14,11

682,67

0,00

0,00

Angelia (Great Britain)

0,00

0,00

11 810,52

61,78

Andorra

0,00

0,00

10,87

30,99

Argentina

0,00

0,00

10 589,55

57,44

Aruba

60,47

54,34

0,00

0,00

Afghanistan

87 349,63

124,72

0,00

0,00

Bangladesh

0,00

0,00

34,27

12,58

Barbados

0,00

0,00

37,54

0,00

Bahrain

15,31

193,11

50,47

27,74

Belize

0,00

0,00

63,54

3,76

The Bermudas

38,83

256,11

0,00

0,00

Bosnia and Herzegovina

2,09

0,00

198,56

53,06

Brazil

210,02

871,56

132 428,97

111,35

Brunei Darussalam

2,23

10,56

1,37

0,00

Virgin islands (Britain)

0,00

0,00

2 116,25

1 046,58

Vietnam

318,81

120,62

1 859,48

221,67

Venezuela

98,14

56 933,53

0,00

0,00

Gabon

11,88

113,22

0,00

0,00

Ghana

42,82

1 218,90

65,34

0,00

Guinea

0,00

0,00

5 615,98

0,00

Hong Kong

20,50

0,00

2 261,51

136,59

Georgia

424 017,85

113,25

88 498,69

130,31

Jabalia

0,00

0,00

431,38

602,82

Dominica

0,00

0,00

3,51

17,87

the Dominican Republic

0,00

0,00

0,33

22,46

Egypt

24 397,79

18,21

3 592,03

214,10

Zambia

0,00

0,00

128,70

10 260,70

Zimbabwe

0,00

0,00

254,23

44,82

Israel

1 526 174,63

294,99

43 321,28

145,02

India

1 289 606,06

436,19

60 053,74

206,54

Indonesia

1 330 691,69

165,61

32 788,66

295,46

Jordan

40,68

228,77

933,83

31,36

Iceland

20,02

0,00

185,19

71,54

Iraq

277 834,45

4 103,42

316,33

159,23

Iran

76 738,35

64,93

134 470,68

117,13

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

8 475,58

4 941,06

22 222,78

173,70

Qatar

631,56

2 793,74

1 304,48

11,32

Kenya

0,00

0,00

48,83

7,34

China

176 919,74

714,19

455 839,40

100,70

Columbia

44,78

0,00

25,78

351,28

Korean Republic

0,00

0,00

10,08

38,19

Korea (DPRK)

70,25

0,02

185 734,06

129,60

Costa Rica

0,00

0,00

167,63

157,64

Côte d'Ivoire

0,00

0,00

3,64

124,83

Kuwait

0,00

0,00

177,65

336,42

Cuba

0,00

0,00

4 970,16

22 409,82

Lebanon

31 173,19

96,47

257,72

39,37

Libya

69 806,96

9 184 642,51

5,37

870,34

Liechtenstein

1,16

126,55

16,88

192,12

Madagascar

0,00

0,00

2,27

0,00

Macao

0,00

0,00

0,54

0,00

Macedonia

0,00

0,00

205,92

668,90

Malawi

0,00

0,00

485,61

539,53

Malaysia

254 927,33

38,39

17 127,26

61,28

the Maldives

5,41

0,00

0,00

0,00

Republic of Mauritius

0,00

0,00

1,00

0,37

Mauritius

0,00

0,00

5,03

0,00

Mauritania

0,00

0,00

0,24

0,13

Mexico

543,99

1 686,09

2 558,29

78,84

Mongolia

421,68

215,27

0,24

0,75

Montenegro

2,25

127,79

8,43

0,00

Mozambique

0,00

0,00

3,99

0,00

Morocco

0,00

0,00

6 656,21

264,52

Nepal

0,00

0,00

2,51

3,65

Nigeria

31,80

139,13

0,00

0,00

New Zealand

119,80

221,33

14 728,82

103,05

Norway

2 497,79

1 335,90

13 502,25

89,89

the United Arab Emirates (UAE)

9 292,88

170,09

81 604,19

155,93

Oman

1 709,23

40,44

138,29

101,09

Pakistan

2,57

35,11

663,62

25,03

Palestine

0,00

0,00

12,67

0,00

Panama

280,51

1 893,11

17 330,44

287,88

Papua New Guinea

0,90

0,00

0,00

0,00

Peru

10,30

763,24

54,12

206,52

Puerto Rico (USA)

0,00

0,00

113,28

4 710,51

Rwanda

0,00

0,00

4,52

0,00

San-Marino

4,21

0,00

1 086,36

1 423,66

Samoa, USA

0,00

0,00

2,36

0,00

Saudi Arabia

15,10

0,14

16 348,70

7 740,53

the Seychelles

1,10

1,95

692,63

5 374,92

Saint Kitts and Nevis

0,00

0,00

27,80

0,00

Sierra Leone

83,80

256,58

0,00

0,00

Serbia

16,18

173,87

21 224,04

1 510,60

Singapore

250 362,29

71 374,70

13 564,92

126,86

Sint Maarten

0,00

0,00

12,88

0,00

Syria

13,00

18,85

469,83

55,04

United States of America (USA)

1 133 738,15

92,85

467 754,05

114,48

Taiwan

533 374,13

0,00

17 976,89

70,20

Thailand

235 171,88

173,72

20 218,25

207,17

Tanzania

4,17

121,23

532,85

241,88

Republic of Trinidad and Tobago

43,57

8 384,46

16,30

15,42

Tunis

247 233,35

0,00

8 084,93

162,20

Turks and Caicos Islands

0,00

0,00

6,60

116,71

Turkey

412 115,84

147,70

1 040 592,12

119,97

the Philippines

35,12

0,00

164,45

51,97

Croatia

258 002,79

126,53

2 270,65

88,33

Central African Republic

0,00

0,00

0,70

3,23

Chili

0,00

0,00

273,24

42,80

Switzerland

59 159,41

89,26

83 568,35

65,48

Sri-Lanka

0,00

0,00

9 922,57

84,34

Uruguay

0,00

0,00

719,12

48,42

Ecuador

15,94

3 174,35

13 470,53

92,45

Equatorial Guinea

2,24

184,21

0,00

0,00

South African Republic

4,29

42 914,60

2 001,33

227,56

Jamaica

0,00

0,00

4 700,11

0,00

Japan

378,12

122,87

185 259,15

147,77

Others

627,00

125,81

25,04

0,00

CIS countries:

798 505,21

32,73

1 643 739,93

88,22

Belarus

9 014,54

1,69

53 714,23

109,60

Kazakhstan

34 147,75

67,99

226 232,66

176,09

Kyrgyzstan

3 569,94

20,58

1 599,16

212,12

Moldova

194,95

8,40

3 921,65

104,36

Uzbekistan

11 100,66

56,01

4 571,05

10,11

Russia

599 747,92

66,78

954 439,94

77,99

Tajikistan

32 486,75

302,34

139,82

6,10

Turkmenistan

42 747,53

141,43

17 755,91

148,83

Ukraine

65 495,17

7,46

381 365,49

95,80

source: Azerbaijani state customs committee

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Amount of loans issued to trade sector in Iran revealed
Azerbaijan talks on use of helicopters in operations against Armenian attacks
Armenian military objects destroyed - Azerbaijani ministry
Azerbaijani defense ministry: another tank of Armenian armed forces destroyed
Azerbaijani Defense Ministry: another Armenian officer killed
Demand of Azerbaijani commercial banks increases
CBI announces amount of loans issued to industrial and mining sector in Iran
Nagif Hamzayev: it's time to say "Stop!" to armenian government
Armenians fleeing from Nagorno Karabakh's Khankendi - Russian media outlets
Former ISESCO DG: Armenian aggression against Azerbaijan is blatant violation of int’l law
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