The foreign trade turnover with 154 world countries amounted to $30.54 billion in Jan.-Nov. 2012, or 7.88 percent less than Jan.-Nov. last year. The volume of exports decreased by 10.34 percent to $22.094 billion compared to the same period of 2011. The volume of import increased by 0.76 percent and hit $8.444 billion. Azerbaijan exported 2,196 products, and imported 6,279 different goods. The index of export exceeded import as of Jan.-Nov. 2012. This formed the foreign trade surplus to the amount of $13.65 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.-Nov.
2012
Name of the product |
quantity |
cost, thousand dollars |
Crude oil (according to meters), tons |
32 020 438,4 |
- |
including |
||
- via ВТС |
25 655 928,9 |
- |
- Baku-Supsa |
3 615 980,1 |
- |
- Baku-Novorossiysk |
1 827 712,0 |
- |
- via railway |
920 817,4 |
- |
Crude oil (according to freight customs declarations), tons |
22 481 351,6 |
18 786 613,61 |
Oil products, tons |
1 477 405,1 |
1 214 876,29 |
Natural gas (according to meters), thousands cubic meters |
6 144 147,9 |
-- |
Natural gas (according to freight customs declarations) thousands cubic meters |
2 394 045,9 |
561 523,25 |
Electric power (according to meters), thousands kw/h |
329 193,5 |
-- |
Electric power (according to freight customs declarations), thousands kw/h |
473 090,9 |
24 202,42 |
Source: state customs committee
Most of Azerbaijan's exports (85.03 percent) fell to the export of crude oil in Jan.-Nov. 2012.
The exports of crude oil decreased by 1.4 percent compared to the same period of 2011.
The exports of petroleum products declined by 14.8 percent. As of December 1, 2012, around 5.5 percent of total exports from the country fell to the oil products.
Azerbaijan also reduced gas export in October.
Azerbaijan increased gas exports (customs clearance) by 93.3 percent in November compared to October. Its volumes increased by 7.1 percent for 11 months. As of November, the share of gas in total export volume was 2.54 percent compared to 2.61 percent for 2011.
In January-November, Azerbaijan exported chemical products worth $144.5 million. According to the Azerbaijani State Customs Committee, exports of chemical products increased by 35.1 percent compared to the same period of 2011.
This is connected with its increased production in the country. The share of chemical products was 0.65 percent in the total volume of exports in January-November.
The success of the country in exports of aluminum and its products should be stressed. As of Jan.-Nov., Azerbaijan increased aluminum export by 15.5 times compared to the same period of 2011.
In total, during the period, aluminum worth $87.769 million were sold abroad. The share of exports of aluminum and aluminum goods, of the total export volume of the country was 0.4 percent as of Dec. 1.
Azerbaijan has two aluminum plants - in Sumgait and Ganja, as well as its own raw material base (alunite). This fully provides the domestic market with these products and there are export opportunities.
The export growth for the period was observed in agricultural products, in particular, taking into account the cotton harvest season. The cotton exports from the country increased by 69.17 percent compared to the same period of last year.
Main kinds of products exported from Azerbaijan
Name of products |
Jan.-Nov. 2012 |
Compared to Jan.-Nov. 2011, in % |
|
Cost (thousand dollars) |
Share in export volume, % |
||
Crude oil |
18 786 613,61 |
85,03 |
88,13 |
Oil products |
1 214 876,29 |
5,50 |
85,20 |
Natural gas |
561 523,25 |
2,54 |
107,10 |
Fruits and vegetables |
239 336,93 |
1,08 |
113,28 |
Oil and butter |
192 031,36 |
0,87 |
121,45 |
Spirits and soft drink |
18 749,35 |
0,09 |
146,85 |
Aluminum |
87 769,25 |
0,40 |
1 555,97 |
Ferrous metals, tons |
108 728,81 |
0,49 |
57,92 |
Raw cotton |
8 156,11 |
0,04 |
169,17 |
Chemical products |
144 500,63 |
0,65 |
135,10 |
Others |
731 968,84 |
3,31 |
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 $5.133.6 bln which makes up 23.24 percent of total exports. Mainly oil and oil products are exported to this country. Israel ($1.666.5 bln) and Indonesia ($1.657.1 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 ($1.272.9 billion) in January-November 2012. About 15.07 percent of the Azerbaijani imports fell to it. Russia ranks second - $1.199.8 billion and Germany - third ($677.1 million).
Most of Azerbaijan's imports (26.96 percent) in Jan.-Nov. accounted for the imports of machines, equipment, electric vehicles and their spare parts.
However, imports of these products decreased by 15.11 percent compared to the same period of 2011. The imports of vehicles and spare parts decreased by 7.45 percent, although this import retained a significant share in the country's import (15.78 percent).
The import of vehicles maintained a significant share in the country's import despite the Azerbaijani State Customs Committee has imposed a ban on imports of "VAZ-21144" and "VAZ-21154" cars, imported into the country under the state guarantee agreements since Oct. 1, 2012.
According to the State Statistics Committee, in January-November, the country imported 92,828 cars to the amount of $1.044.6 billion.
Some 996 vehicles of this volume are intended for transporting 10 people or more, including the driver. The total cost of the vehicles was $48.285 million. The number of imported cars, mainly for transporting people and other motor vehicles amounted to 82,204 worth $713.3 million, motor vehicles for cargo transportation - 8,631 worth $199.7 million, special vehicles - 997 worth $83.3 million.
Import of ferrous metals ranks third (12.81 percent of total import volume).
At the same time, grain imports significantly increased in January-November 2012 compared to the same period of 2011 (by 24.13 percent). Its import share is 0.91 percent. But imports of flour significantly reduced (by 95.05 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.-Nov. 2012 |
Compared to Jan.-Nov. 2011, % |
|
cost (thousand dollars) |
Share in import volume, % |
||
meat |
15 064,35 |
0,18 |
78,67 |
flour |
2 942,26 |
0,03 |
4,95 |
butter |
125 367,68 |
1,48 |
117,50 |
milk |
6 201,23 |
0,07 |
73,47 |
grain |
299 167,90 |
3,54 |
124,13 |
Sugar and granulated sugar |
159 782,34 |
1,89 |
110,42 |
Cars, mechanisms, electric goods, equipment |
2 276 940,48 |
26,96 |
84,89 |
Vehicles and spare parts |
1 332 719,54 |
15,78 |
92,55 |
Wood and wooden goods |
225 433,84 |
2,67 |
97,71 |
Ferrous metals, tons |
1 081 453,53 |
12,81 |
105,50 |
Furniture and its parts |
76 651,15 |
0,91 |
117,15 |
Pharmaceutical goods |
202 031,74 |
2,39 |
100,22 |
source: Azerbaijani state customs committee
According to the State Customs Committee, Azerbaijan's foreign trade turnover with CIS countries in Jan.-Nov. amounted to $3.173.6 billion or 10.39 percent of total volume of Azerbaijan's foreign trade turnover. Exports to CIS countries for the period totaled $1.096.2 billion (4.96 percent of total export) and imports - $2.077.4 billion (24.6 percent of total import). As a result, the country had a red ink in trading with them to the amount of $981.1 million compared to the surplus worth $351.6 million in 2011.
During this period, about 8,255 legal and physical entities were involved in foreign trade operations, including 3,748 - legal entities and 4,507 - physical entities.
The share of public sector in exports totaled $20.817 billion (94.2 percent), private - $1.066 million (4.8 percent), the share of physical entities - $210.8 million (0.95 percent).
The share of public sector in import operations amounted to $1.818 billion (21.53 percent), the private sector - $6.284 billion (74.41 percent), physical entities -$341.799 million (4.05 percent).
Azerbaijan's trade operations with foreign countries in Jan.-Nov. 2012
Name of country |
Export, thousand dollars |
Compared to export in Jan.-Nov. 2011, % |
Import, thousand dollars |
Compared to import in Jan.-Nov. 2011, % |
total |
22 094 254.43 |
89.66 |
8 444 351.30 |
99.24 |
including |
||||
European countries: |
10 226 809.63 |
69.17 |
2 295 669.87 |
81.84 |
Austria |
139 974.47 |
37,87 times |
115 221.75 |
136.83 |
Belgium |
2 605.94 |
91.29 |
48 543.49 |
97.20 |
Bulgaria |
532 173.13 |
129.68 |
22 751.35 |
107.50 |
Great Britain |
236 989.55 |
15,28 times |
433 403.58 |
111.37 |
Hungary |
57.39 |
28,04 times |
16 348.30 |
52.94 |
Germany |
848 315.76 |
162.70 |
677 161.00 |
87.59 |
Greece |
767 576.06 |
368.81 |
13 612.00 |
172.64 |
Denmark |
2 163.93 |
152.13 |
15 790.89 |
38.42 |
Ireland |
27 697.07 |
1046,77 times |
17 532.59 |
158.51 |
Spain |
66 757.15 |
23.52 |
87 643.07 |
350.71 |
Italy |
5 133 650.37 |
58.36 |
208 265.09 |
94.03 |
Cyprus |
23 391.94 |
63.95 |
31 261.18 |
11,92 times |
Latvia |
5 716.17 |
40.79 |
7 621.06 |
63.02 |
Lithuania |
2 665.45 |
61.23 |
19 946.00 |
109.60 |
Luxembourg |
172.66 |
131.89 |
13 291.41 |
49.39 |
Malta |
51 685.36 |
19.24 |
307.44 |
100.84 |
Netherlands |
6 408.62 |
103.31 |
133 045.93 |
102.41 |
Poland |
3 072.20 |
106.95 |
39 437.72 |
34.00 |
Portugal |
243 085.13 |
117.83 |
2 731.17 |
201.16 |
Romania |
56 811.13 |
107.17 |
21 575.13 |
156.44 |
Slovakia |
5.22 |
3.57 |
22 627.28 |
130.99 |
Slovenia |
17.93 |
286.53 |
5 500.62 |
66.81 |
Finland |
49.13 |
71.19 |
46 982.40 |
91.63 |
France |
1 563 594.20 |
41.06 |
155 789.92 |
26.35 |
Czechia |
511 740.53 |
368.45 |
80 396.46 |
86.86 |
Sweden |
82.09 |
13.66 |
53 063.66 |
82.38 |
Estonia |
351.05 |
55.28 |
5 819.37 |
146.31 |
Other countries: |
10 771 183.51 |
151.92 |
4 071 286.93 |
118.98 |
Australia |
31 171.96 |
468,74 раз |
6 126.81 |
115.74 |
Albania |
0.00 |
0.00 |
46.50 |
354.91 |
Algeria |
2 866.88 |
127.86 |
71.59 |
108.45 |
Angola |
22.62 |
10,95 раз |
0.00 |
0.00 |
Angelia (Great Britain) |
0.00 |
0.00 |
1 211.90 |
141.49 |
Andorra |
0.00 |
0.00 |
10.87 |
18.48 |
Argentina |
24.06 |
0.18 |
13 453.14 |
60.28 |
Aruba |
83.84 |
57.99 |
0.00 |
0.00 |
Afghanistan |
106 442.30 |
119.93 |
0.00 |
0.00 |
Bangladesh |
0.00 |
0.00 |
35.36 |
12.97 |
Barbados |
0.00 |
0.00 |
37.54 |
0.00 |
Bahrain |
15.31 |
193.11 |
51.05 |
25.08 |
Belize |
0.00 |
0.00 |
254.06 |
15.02 |
The Bermudas |
42.10 |
277.64 |
0.00 |
0.00 |
Bosnia and Herzegovina |
2.09 |
0.00 |
267.36 |
67.53 |
Brazil |
291.58 |
607.24 |
166 541.61 |
111.07 |
Brunei Darussalam |
2.67 |
12.19 |
5.64 |
0.00 |
Virgin islands (Britain) |
0.00 |
0.00 |
2 229.52 |
816.89 |
Vietnam |
19 439.95 |
143.85 |
2 680.45 |
238.94 |
Venezuela |
102.48 |
371,21 times |
11.67 |
0.00 |
Gabon |
11.88 |
113.22 |
80.58 |
13,24 times |
Ghana |
42.82 |
64.59 |
65.34 |
0.00 |
Guinea |
0.00 |
0.00 |
6 562.78 |
0.00 |
Hong Kong |
20.50 |
0.00 |
2 833.09 |
162.79 |
Georgia |
525 038.65 |
111.56 |
109 478.32 |
134.89 |
Jabalia |
0.00 |
0.00 |
478.10 |
421.09 |
Dominica |
0.00 |
0.00 |
5.56 |
28.32 |
the Dominican Republic |
0.00 |
0.00 |
4.31 |
292.09 |
Egypt |
24 463.59 |
15.19 |
6 098.17 |
273.38 |
Zambia |
0.00 |
0.00 |
128.70 |
102,61 times |
Zimbabwe |
0.00 |
0.00 |
254.23 |
31.83 |
Israel |
1 666 547.20 |
241.53 |
60 110.74 |
172.96 |
India |
1 590 705.60 |
433.65 |
65 399.08 |
188.40 |
Indonesia |
1 657 120.85 |
206.23 |
34 905.20 |
274.62 |
Jordan |
44.81 |
77.48 |
1 247.15 |
36.24 |
Iceland |
20.02 |
0.00 |
559.09 |
117.44 |
Iraq |
364 501.57 |
10,51 times |
316.33 |
125.37 |
Iran |
85 108.28 |
62.37 |
163 284.83 |
112.14 |
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 |
8 482.12 |
42,83 times |
28 197.35 |
184.70 |
Qatar |
1 524.22 |
62,83 times |
1 307.61 |
10.88 |
Kenya |
0.00 |
0.00 |
48.83 |
7.23 |
China |
181 222.80 |
613.00 |
577 861.96 |
104.12 |
Columbia |
45.62 |
0.00 |
25.78 |
177.45 |
Congo |
15.48 |
59.66 |
0.00 |
0.00 |
Korea (DPRK) |
0.00 |
0.00 |
10.08 |
38.19 |
Korean Republic |
1 132.36 |
0.25 |
220 129.82 |
124.58 |
Costa Rica |
0.00 |
0.00 |
178.42 |
147.36 |
Côte d'Ivoire |
0.00 |
0.00 |
3.64 |
124.83 |
Kuwait |
13.26 |
33.24 |
177.65 |
336.42 |
Cuba |
0.00 |
0.00 |
5 154.84 |
232,43 times |
Lebanon |
31 178.61 |
96.46 |
261.52 |
33.78 |
Libya |
119 883.45 |
157733,08 times |
5.37 |
284.27 |
Liechtenstein |
1.16 |
126.55 |
16.88 |
192.12 |
Madagascar |
0.00 |
0.00 |
2.27 |
535.49 |
Macao |
0.00 |
0.00 |
0.54 |
0.00 |
Macedonia |
0.00 |
0.00 |
401.90 |
992.67 |
Malawi |
0.00 |
0.00 |
485.61 |
146.81 |
Malaysia |
370 669.24 |
55.82 |
18 611.73 |
59.46 |
the Maldives |
5.41 |
0.00 |
0.00 |
0.00 |
the Marshall Islands |
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 |
16,86 times |
3 726.42 |
96.95 |
Mongolia |
526.57 |
175.54 |
0.24 |
0.29 |
Montenegro |
2.25 |
60.69 |
8.43 |
0.00 |
Mozambique |
0.00 |
0.00 |
3.99 |
0.00 |
Morocco |
0.00 |
0.00 |
6 656.21 |
264.52 |
Myanmar |
0.00 |
0.00 |
18.17 |
528.69 |
Nepal |
0.00 |
0.00 |
5.26 |
7.65 |
Nigeria |
32.51 |
135.26 |
0.00 |
0.00 |
New Zealand |
119.80 |
217.32 |
16 537.38 |
104.68 |
Norway |
2 502.62 |
11,43 times |
19 944.84 |
79.48 |
the United Arab Emirates (UAE) |
13 951.85 |
204.00 |
94 047.77 |
115.66 |
Oman |
1 709.23 |
40.44 |
138.29 |
101.09 |
Pakistan |
3.62 |
49.31 |
1 334.26 |
47.80 |
Palestine |
0.00 |
0.00 |
20.75 |
0.00 |
Panama |
280.51 |
604.70 |
21 530.38 |
240.53 |
Papua New Guinea |
0.90 |
0.00 |
0.00 |
0.00 |
Peru |
10.30 |
763.24 |
74.74 |
285.19 |
Puerto Rico (USA) |
0.00 |
0.00 |
116.58 |
979.25 |
Rwanda |
0.00 |
0.00 |
4.52 |
0.00 |
San-Marino |
4.21 |
0.00 |
1 316.06 |
16,03 times |
Samoa, USA |
0.00 |
0.00 |
2.36 |
0.00 |
Saudi Arabia |
13.00 |
15.50 |
508.63 |
48.02 |
the Seychelles |
1.10 |
1.95 |
702.10 |
54,48 times |
Saint Kitts and Nevis |
0.00 |
0.00 |
27.80 |
0.00 |
Sint Maarten (Netherlands) |
0.00 |
0.00 |
12.88 |
0.00 |
Sierra Leone |
83.80 |
256.58 |
0.00 |
0.00 |
Senegal |
37.80 |
0.00 |
0.00 |
0.00 |
Serbia |
21.99 |
149.13 |
21 894.55 |
11,98 times |
Singapore |
250 362.29 |
697,06 times |
17 753.42 |
132.63 |
Синт-Мартен |
0.00 |
0.00 |
12.88 |
0.00 |
Syria |
13.00 |
18.85 |
485.03 |
52.29 |
United States of America (USA) |
1 500 144.87 |
95.94 |
630 441.40 |
129.48 |
Sudan |
11.26 |
0.00 |
0.00 |
0.00 |
Taiwan |
650 103.48 |
80259,49 times |
26 219.94 |
97.16 |
Thailand |
343 709.04 |
253.90 |
24 143.93 |
144.52 |
Tanzania |
4.17 |
121.23 |
621.21 |
193.96 |
Republic of Trinidad and Tobago |
43.57 |
83,84 times |
16.30 |
15.42 |
Tunis |
247 233.35 |
0.00 |
8 090.23 |
162.14 |
Turks and Caicos Islands |
0.00 |
0.00 |
6.60 |
116.71 |
Turkey |
563 890.31 |
131.77 |
1 272 938.90 |
116.78 |
the Philippines |
35.12 |
5.43 |
202.25 |
57.51 |
Croatia |
330 588.75 |
95.08 |
2 397.21 |
28.05 |
Central African Republic |
0.00 |
0.00 |
0.70 |
3.23 |
Chili |
0.00 |
0.00 |
340.44 |
46.66 |
Switzerland |
74 961.57 |
44.51 |
119 844.43 |
83.79 |
Sri-Lanka |
0.00 |
0.00 |
12 030.80 |
77.83 |
Uruguay |
0.00 |
0.00 |
956.39 |
57.78 |
Ecuador |
15.94 |
31,74 times |
14 921.52 |
83.72 |
Equatorial Guinea |
2.24 |
184.21 |
0.00 |
0.00 |
South African Republic |
4.29 |
429,15 times |
2 255.10 |
252.01 |
Jamaica |
0.00 |
0.00 |
4 700.11 |
0.00 |
Japan |
928.59 |
257.55 |
227 050.91 |
145.16 |
Others |
838.14 |
125.39 |
25.04 |
0.00 |
CIS countries: |
1 096 261.29 |
39.59 |
2 077 394.50 |
91.01 |
Belarus |
10 505.32 |
1.75 |
60 489.01 |
101.02 |
Kazakhstan |
42 091.55 |
74.58 |
314 350.18 |
185.41 |
Kyrgyzstan |
5 899.69 |
28.37 |
2 171.25 |
264.63 |
Moldova |
251.75 |
10.63 |
7 375.77 |
156.93 |
Uzbekistan |
11 443.40 |
52.74 |
7 010.02 |
14.44 |
Russia |
852 741.10 |
76.49 |
1 199 789.91 |
79.94 |
Tajikistan |
42 801.57 |
328.34 |
159.60 |
6.05 |
Turkmenistan |
50 794.07 |
130.47 |
31 612.75 |
256.31 |
Ukraine |
79 732.84 |
8.85 |
454 436.00 |
94.03 |
source: Azerbaijani state customs committee