The foreign trade turnover with 183 countries amounted to $20.29 billion in January-November 2017, or by 26.6 percent more than in the same period of 2016.
The volume of exports increased by 50.4 percent and amounted to $12.5 billion in January-November 2017 compared to January-November 2016. The volume of import reached $7.79 billion in January-November 2017 which is slightly more than in January-November 2016.
Azerbaijan exported 3,094 goods and imported 7,339 different goods.
The black ink of foreign trade balance was estimated at $4.71 billion in January-November 2017, which is by 7.9 times more than in January-November 2016.
As in previous periods, oil, gas and oil products were mainly exported from Azerbaijan in January-November 2017.
Main products exported from Azerbaijan
|
Products |
Jan.-Nov. 2017 |
||
|
Quantity |
cost, $1,000 |
Share in export volume, % |
|
|
Crude oil, tons |
24723729,01 |
9637331,13 |
77,09 |
|
Oil products (2710 by commodity code), tons |
733340,94 |
291262,20 |
2,33 |
|
Natural gas, 1,000 cubic meters |
6894305,42 |
1156019,78 |
9,25 |
|
electricity, 1,000 kW / hour |
935 406,01 |
41 220,85 |
0,33 |
|
Fruits and vegetables, tons |
492 783,92 |
452 728,71 |
3,62 |
|
Tea, tons |
1 583,25 |
9 236,43 |
0,07 |
|
Animal fat and vegetable oil, tons |
14 563,45 |
15 709,51 |
0,13 |
|
Sugar, tons |
60 695,94 |
39 143,86 |
0,31 |
|
Spirits and soft drinks, $1,000 |
- |
20 014,21 |
0,16 |
|
Chemical products, tons |
298 879,02 |
72 405,33 |
0,58 |
|
Plastic, tons |
128 225,09 |
88 007,58 |
0,70 |
|
Cotton fiber, tons |
20 973,33 |
28 467,05 |
0,23 |
|
Cotton yarn, tons |
6 533,76 |
14 798,93 |
0,12 |
|
Ferrous metals, tons |
152 009,40 |
73 570,86 |
0,59 |
|
Aluminum and aluminum products, tons |
55 591,02 |
108 775,80 |
0,87 |
|
Others |
- |
452 287,66 |
3,62 |
Source: Azerbaijani state customs committee
Growth was observed in almost all main types of products exported from Azerbaijan in January-November 2017.
Most of Azerbaijan's exports as of January-November 2017 (77.09 percent) accounted for the export of crude oil. During the reporting period, the country exported oil worth $24.72 billion.
Currently, SOCAR supplies oil from Azerbaijan to more than 30 countries in Europe, Asia and America.
According to the Azerbaijani State Customs Committee, as of January-November 2017, the export of oil products from Azerbaijan decreased from year to year.
The export of oil products amounted to $291.26 million in January-November 2017, which is by 14.20 percent less than in January-November 2016.
Some 2.96 percent of the country's total export volume accounted for the export of oil products as of January-November 2017.
Reduction of exports of oil products is associated with the reconstruction of oil refineries in the country.
An increase in the export of alcoholic and non-alcoholic beverages was observed in Azerbaijan, which was the result of state support for encouraging the best domestic producers to export their products, especially wines, under 'Made in Azerbaijan' brand to the foreign markets.
So, the country exported alcoholic and non-alcoholic beverages worth 20.01 million manat in January-November 2017, which is by 19.50 percent more than in January-November 2016.
The volume of exports of fruits and vegetables which are the basis of agricultural exports of Azerbaijan continues to increase.
The exports of Azerbaijani agricultural products increased by 46.55 percent in January-November 2017 compared to January-November 2016.
Tomatoes and cucumbers, as well as walnuts and hazelnuts, cotton, tobacco are exported in big volumes from Azerbaijan.
Agrarian products were exported to Russia, as well as to Ukraine, Kazakhstan and other countries.
The export of Azerbaijani chemical products has also increased since early 2017. So, export of chemical products increased by 34.85 percent and amounted to $72.40 million in January-November 2017 compared to January-November 2016. The share of chemical products was 0.58 percent in the total volume of export in January-November 2017.
The biggest volume of export accounted for Italy in January-November 2017. Thus, during this period Azerbaijan exported goods totaling $3.92 billion to Italy which makes up 31.41 percent of a total export volume. Oil and oil products are mainly exported to this country.
Turkey ($1.30 billion) and Israel $564.16 million) 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.
Italy and Azerbaijan have excellent bilateral and economic ties. Italy has remained the main trading partner of Azerbaijan, the fourth exporter and the first energy consumer for eight years. As for other sectors, Italy is also represented well in the metallurgical sector of Azerbaijan. The recent agreement signed between Danieli and Baku Steel Company testifies to it. Italian products are valued in Azerbaijan and it concerns not only fashion, furniture, food but also the products in such sectors as mechanics, engineering and technology.
Russia ranks first in terms of the biggest import volume ($1.36 billion) in January-November 2017. Some 17.51 percent of the Azerbaijani imports accounted for Russia. Turkey ranks second - $1.14 billion and China - third ($761.75 million).
Most of Azerbaijan's imports or 21.44 percent in the reporting period accounted for the import of machinery, mechanisms, equipment, electrical equipment and spare parts. The machinery and equipment worth $1.67 billion were imported in January-November 2017, which is by 11.72 percent more than in January-November 2016.
Vehicles and spare parts worth $965.21 million (a share in total imports - 12.39 percent) were supplied to the country. The cost of car imports increased by 48.49 percent in January-November 2017 compared to January-November 2016.
Thus, in January-November 2017, 9,828 vehicles were imported to Azerbaijan from abroad, which is 5,008 cars or 2.04 times more than in the same period of 2016. Moreover, 8,577 of those cars are passenger cars and other vehicles, 1,014 - lorries, 68 - special purpose vehicles.
In January-November 2017, imports of pharmaceutical products increased by 44.55 percent and in nominal terms amounted to $228.32 million compared to $179.34 million in the same period of 2016.
The import of butter, meat and dairy products greatly increased for the reporting period.
In particular, the cost of imports of meat increased by 63.67 percent, milk - by 78.82 percent and butter - by 29.35 percent in January-November 2017 compared to January-November 2016.
Main products imported to Azerbaijan
|
Products |
Jan.-Nov. 2017 |
||
|
Quantity |
cost ($1,000) |
Import volume share, % |
|
|
Meat, tons |
37 211,29 |
58 154,92 |
0,75 |
|
Milk, tons |
7 735,24 |
12 766,25 |
0,16 |
|
Butter, tons |
12 467,68 |
58 604,03 |
0,75 |
|
Fruits, vegetables, tons |
249 202,77 |
116 070,35 |
1,49 |
|
Tea, tons |
11 635,64 |
46 189,21 |
0,59 |
|
Grain, tons |
1 120 804,47 |
200 631,78 |
2,58 |
|
Animal fat and vegetable oil, tons |
137 083,35 |
132 298,80 |
1,70 |
|
Sugar, tons |
349 705,79 |
160 742,57 |
2,06 |
|
Tobacco, $1,000 |
- |
141 501,22 |
1,82 |
|
Cement, tons |
27 742,37 |
5 906,15 |
0,08 |
|
Pharmaceutical products, tons |
14 259,35 |
228 328,55 |
2,93 |
|
Plastic, tons |
161 053,48 |
279 530,00 |
3,59 |
|
Wood and wooden items, $1,000 |
- |
193 358,56 |
2,48 |
|
Ferrous metals, tons |
703558,17 |
732368,66 |
9,40 |
|
Cars, mechanisms, electric goods, equipment, $1,000 |
- |
1670112,06 |
21,44 |
|
Vehicles and spare parts, $1,000 |
- |
965219,34 |
12,39 |
|
Furniture and its parts, $1,000 |
- |
76702,29 |
0,98 |
|
Others |
- |
2241690,43 |
28,77 |
source: Azerbaijani state customs committee
During this period, about 14,190 legal and physical entities were involved in foreign trade operations, including 5,755 - legal entities and 8,435 - physical entities.
The share of public sector in exports totaled $7.95 billion, private sector -$4.38 billion, the share of physical entities - $170.17 million.
The share of public sector in import operations amounted to $1.01 billion, the private sector -$6.36 billion, physical entities - $418.46 million.
Azerbaijan's trade operations with foreign countries in January-November 2017
|
Country |
Export, $1,000 |
Export volume share, % |
Import, $1,000 |
Import volume share, % |
|
Total |
12500979,00 |
87,40 |
7790703,53 |
95,78 |
|
Including |
||||
|
European countries, total: |
6 635 853,23 |
53,08 |
1 666 947,94 |
21,40 |
|
Austria |
137 505,35 |
1,10 |
49 290,29 |
0,63 |
|
Belgium |
9 544,04 |
0,08 |
51 913,63 |
0,67 |
|
Bulgaria |
153,31 |
0,00 |
35 256,40 |
0,45 |
|
Great Britain |
27 430,84 |
0,22 |
213 032,28 |
2,73 |
|
Hungary |
939,39 |
0,01 |
36 789,35 |
0,47 |
|
Germany |
448 431,10 |
3,59 |
382 725,34 |
4,91 |
|
Greece |
159 432,47 |
1,28 |
8 335,91 |
0,11 |
|
Denmark |
854,48 |
0,01 |
20 736,14 |
0,27 |
|
Ireland |
5,13 |
0,00 |
9 539,34 |
0,12 |
|
Spain |
179 665,92 |
1,44 |
55 589,26 |
0,71 |
|
Italy |
3 926 674,40 |
31,41 |
282 498,68 |
3,63 |
|
Cyprus |
25 690,60 |
0,21 |
795,48 |
0,01 |
|
Latvia |
1 948,60 |
0,02 |
12 086,44 |
0,16 |
|
Lithuania |
2 086,72 |
0,02 |
12 759,52 |
0,16 |
|
Luxemburg |
15 548,18 |
0,12 |
3 234,06 |
0,04 |
|
Malta |
36 886,65 |
0,30 |
57,91 |
0,00 |
|
Netherlands |
84 763,61 |
0,68 |
80 676,64 |
1,04 |
|
Poland |
7 542,78 |
0,06 |
59 820,12 |
0,77 |
|
Portugal |
381 028,76 |
3,05 |
9 944,50 |
0,13 |
|
Romania |
231 775,32 |
1,85 |
62 896,21 |
0,81 |
|
Slovakia |
89,87 |
0,00 |
21 690,14 |
0,28 |
|
Slovenia |
4 647,59 |
0,04 |
16 339,11 |
0,21 |
|
Finland |
666,77 |
0,01 |
17 006,29 |
0,22 |
|
France |
337 280,35 |
2,70 |
130 011,14 |
1,67 |
|
Croatia |
138 152,49 |
1,11 |
1 302,18 |
0,02 |
|
Czech Republic |
476 035,20 |
3,81 |
64 091,14 |
0,82 |
|
Sweden |
382,94 |
0,00 |
26 459,20 |
0,34 |
|
Estonia |
690,37 |
0,01 |
2 071,25 |
0,03 |
|
Other countries, total: |
4 927 538,69 |
39,42 |
4 018 310,91 |
51,58 |
|
Albania |
60,56 |
0,00 |
403,88 |
0,01 |
|
Algeria |
16,71 |
0,00 |
987,43 |
0,01 |
|
Australia |
544,60 |
0,00 |
4 721,05 |
0,06 |
|
Anguilla |
0,00 |
0,00 |
126,45 |
0,00 |
|
Angola |
17,67 |
0,00 |
26,21 |
0,00 |
|
Andorra |
0,00 |
0,00 |
0,25 |
0,00 |
|
Aomin (Macao) |
0,00 |
0,00 |
0,55 |
0,00 |
|
Argentina |
16,86 |
0,00 |
20 815,04 |
0,27 |
|
Aruba |
18,43 |
0,00 |
0,00 |
0,00 |
|
Afghanistan |
39 836,75 |
0,32 |
0,07 |
0,00 |
|
Bahama Islands |
0,00 |
0,00 |
2,86 |
0,00 |
|
Bangladesh |
295,03 |
0,00 |
8 863,84 |
0,11 |
|
Barbados |
0,00 |
0,00 |
15,86 |
0,00 |
|
Bahrain |
22,23 |
0,00 |
78,83 |
0,00 |
|
Bolivia |
6,78 |
0,00 |
11,89 |
0,00 |
|
Belize |
1 425,36 |
0,01 |
19,33 |
0,00 |
|
the Bermuda Islands |
9,88 |
0,00 |
0,00 |
0,00 |
|
Bosnia and Herzegovina |
14,70 |
0,00 |
730,21 |
0,01 |
|
Brazil |
111,67 |
0,00 |
171 636,04 |
2,20 |
|
Brunei Darussalam |
70,91 |
0,00 |
0,00 |
0,00 |
|
Vanuatu |
0,00 |
0,00 |
1,66 |
0,00 |
|
Venezuela |
82,59 |
0,00 |
1 039,85 |
0,01 |
|
Virgin Islands (US) |
0,00 |
0,00 |
4,52 |
0,00 |
|
Virgin Islands (UK) |
0,00 |
0,00 |
11,29 |
0,00 |
|
Vietnam |
55 140,08 |
0,44 |
42 178,79 |
0,54 |
|
Haiti |
0,00 |
0,00 |
0,23 |
0,00 |
|
Ghana |
0,18 |
0,00 |
24,70 |
0,00 |
|
Guatemala |
0,00 |
0,00 |
165,43 |
0,00 |
|
Guinea-Bissau |
0,00 |
0,00 |
1,46 |
0,00 |
|
Guiana |
24,47 |
0,00 |
0,00 |
0,00 |
|
La Gomera |
0,00 |
0,00 |
5,55 |
0,00 |
|
Honduras |
0,00 |
0,00 |
24,10 |
0,00 |
|
Hong Kong |
89,76 |
0,00 |
2 608,34 |
0,03 |
|
Georgia |
426 496,58 |
3,41 |
66 736,57 |
0,86 |
|
Guam |
0,00 |
0,00 |
19,32 |
0,00 |
|
Jabaliya |
0,00 |
0,00 |
2,57 |
0,00 |
|
Djibouti |
298,06 |
0,00 |
0,00 |
0,00 |
|
Dominique |
0,00 |
0,00 |
2,96 |
0,00 |
|
The Dominican Republic |
0,00 |
0,00 |
147,12 |
0,00 |
|
Egypt |
1 467,95 |
0,01 |
5 926,79 |
0,08 |
|
Zambia |
0,00 |
0,00 |
18,28 |
0,00 |
|
Zimbabwe |
0,00 |
0,00 |
465,33 |
0,01 |
|
Israel |
564 164,75 |
4,51 |
31 098,93 |
0,40 |
|
India |
365 145,72 |
2,92 |
87 246,11 |
1,12 |
|
Indonesia |
402 975,63 |
3,22 |
46 684,66 |
0,60 |
|
Jordan |
4 085,89 |
0,03 |
2 474,59 |
0,03 |
|
Iraq |
15 311,17 |
0,12 |
0,21 |
0,00 |
|
Iran |
15 115,70 |
0,12 |
213 772,15 |
2,74 |
|
Iceland |
4,55 |
0,00 |
3 428,78 |
0,04 |
|
Yemen |
0,00 |
0,00 |
13,93 |
0,00 |
|
Caicos Islands |
0,00 |
0,00 |
34,71 |
0,00 |
|
Cambodia |
402,48 |
0,00 |
2 488,13 |
0,03 |
|
Cameroon |
6,07 |
0,00 |
20,44 |
0,00 |
|
Canada |
485 207,30 |
3,88 |
13 427,42 |
0,17 |
|
Qatar |
4 315,71 |
0,03 |
23,28 |
0,00 |
|
Congo |
29,00 |
0,00 |
0,07 |
0,00 |
|
Kenya |
148,72 |
0,00 |
723,46 |
0,01 |
|
China |
440 350,49 |
3,52 |
761 752,25 |
9,78 |
|
Columbia |
67,84 |
0,00 |
335,44 |
0,00 |
|
Congo (Brazzaville) |
29,00 |
0,00 |
0,07 |
0,00 |
|
Korea |
0,00 |
0,00 |
87,66 |
0,00 |
|
Republic of Korea |
184,29 |
0,00 |
75 027,01 |
0,96 |
|
Costa-Rica |
0,00 |
0,00 |
769,43 |
0,01 |
|
Côte d'Ivoire |
0,00 |
0,00 |
44,63 |
0,00 |
|
Cuba |
0,02 |
0,00 |
200,42 |
0,00 |
|
Kuwait |
80,38 |
0,00 |
6 362,02 |
0,08 |
|
Cook Islands |
0,00 |
0,00 |
0,11 |
0,00 |
|
Curaçao |
0,00 |
0,00 |
4,53 |
0,00 |
|
Laos |
0,00 |
0,00 |
21,34 |
0,00 |
|
Lesotho |
0,00 |
0,00 |
3,56 |
0,00 |
|
Liberia |
29,37 |
0,00 |
2,89 |
0,00 |
|
Liechtenstein |
0,00 |
0,00 |
27,45 |
0,00 |
|
Libya |
32 884,31 |
0,26 |
783,99 |
0,01 |
|
Mauritius |
0,00 |
0,00 |
85,13 |
0,00 |
|
Mauritania |
0,00 |
0,00 |
41,87 |
0,00 |
|
Madagascar |
0,00 |
0,00 |
460,89 |
0,01 |
|
Maiori |
0,00 |
0,00 |
0,53 |
0,00 |
|
Macedonia |
0,00 |
0,00 |
716,28 |
0,01 |
|
Malawi |
0,00 |
0,00 |
205,80 |
0,00 |
|
Malaysia |
4 273,30 |
0,03 |
20 830,45 |
0,27 |
|
Maori (New Zealand) |
0,00 |
0,00 |
0,53 |
0,00 |
|
Morocco |
2,75 |
0,00 |
3 614,77 |
0,05 |
|
Martinique |
1,64 |
0,00 |
0,00 |
0,00 |
|
Mexico |
65,69 |
0,00 |
16 381,28 |
0,21 |
|
Mozambique |
3,23 |
0,00 |
5,95 |
0,00 |
|
Monaco |
0,15 |
0,00 |
11,55 |
0,00 |
|
Mongolia |
65,15 |
0,00 |
93,48 |
0,00 |
|
Montenegro |
24,27 |
0,00 |
117,86 |
0,00 |
|
Montserrat |
0,00 |
0,00 |
2,40 |
0,00 |
|
Isle of Man |
90,52 |
0,00 |
0,00 |
0,00 |
|
Myanmar |
0,98 |
0,00 |
617,71 |
0,01 |
|
Namibia |
0,00 |
0,00 |
0,79 |
0,00 |
|
Nepal |
7,12 |
0,00 |
36,65 |
0,00 |
|
Niger |
0,00 |
0,00 |
4,18 |
0,00 |
|
Nigeria |
503,25 |
0,00 |
44,32 |
0,00 |
|
Nicaragua |
0,00 |
0,00 |
2,77 |
0,00 |
|
Niue (New Zealand ) |
0,00 |
0,00 |
1,70 |
0,00 |
|
New Zealand |
106,97 |
0,00 |
41 543,74 |
0,53 |
|
Norway |
1 654,99 |
0,01 |
132 397,83 |
1,70 |
|
United Arab Emirates (UAE) |
14 625,27 |
0,12 |
17 763,17 |
0,23 |
|
Oman |
73,07 |
0,00 |
282,45 |
0,00 |
|
Pakistan |
1 744,94 |
0,01 |
5 849,32 |
0,08 |
|
Panama |
0,00 |
0,00 |
93,72 |
0,00 |
|
Papua New Guinea |
11,89 |
0,00 |
0,18 |
0,00 |
|
Paraguay |
0,00 |
0,00 |
580,89 |
0,01 |
|
Palestine |
58,10 |
0,00 |
132,45 |
0,00 |
|
Peru |
1,81 |
0,00 |
531,39 |
0,01 |
|
Puerto Rico (USA) |
0,00 |
0,00 |
515,73 |
0,01 |
|
Rwanda |
0,00 |
0,00 |
0,43 |
0,00 |
|
El Salvador |
0,00 |
0,00 |
2,07 |
0,00 |
|
San Marino |
0,00 |
0,00 |
376,92 |
0,00 |
|
Saudi Arabia |
1 242,11 |
0,01 |
15 309,56 |
0,20 |
|
Swaziland |
0,00 |
0,00 |
7,63 |
0,00 |
|
St. Vincent and the Grenadines |
0,00 |
0,00 |
0,06 |
0,00 |
|
Serbia |
18,04 |
0,00 |
5 019,66 |
0,06 |
|
the Seychelles |
0,00 |
0,00 |
80,30 |
0,00 |
|
Saint Martin |
0,00 |
0,00 |
7,39 |
0,00 |
|
Singapore |
397,60 |
0,00 |
18 798,44 |
0,24 |
|
Syria |
0,00 |
0,00 |
225,51 |
0,00 |
|
United States of America (USA) |
59 186,47 |
0,47 |
681 559,00 |
8,75 |
|
the Solomon Islands |
0,00 |
0,00 |
0,04 |
0,00 |
|
Sudan |
1,44 |
0,00 |
91,99 |
0,00 |
|
Surinam |
0,00 |
0,00 |
0,25 |
0,00 |
|
Sierra-Leone |
0,00 |
0,00 |
8,60 |
0,00 |
|
Tanzania |
0,00 |
0,00 |
431,21 |
0,01 |
|
Taiwan |
267 240,32 |
2,14 |
16 315,75 |
0,21 |
|
Thailand |
49 843,26 |
0,40 |
26 303,26 |
0,34 |
|
Tokelau |
0,00 |
0,00 |
1,62 |
0,00 |
|
Trinidad and Tobago |
59,42 |
0,00 |
40,60 |
0,00 |
|
Tuvalu |
0,00 |
0,00 |
0,69 |
0,00 |
|
Tunisia |
182 150,87 |
1,46 |
2 376,41 |
0,03 |
|
Turkey |
1 309 414,87 |
10,47 |
1 144 113,55 |
14,69 |
|
Uganda |
0,00 |
0,00 |
5,14 |
0,00 |
|
Uruguay |
0,00 |
0,00 |
50,99 |
0,00 |
|
Faeroe Islands |
0,00 |
0,00 |
244,70 |
0,00 |
|
the Fiji Islands |
0,00 |
0,00 |
0,90 |
0,00 |
|
Philippines |
0,30 |
0,00 |
1 855,03 |
0,02 |
|
Chad |
13,50 |
0,00 |
0,95 |
0,00 |
|
Chile |
0,00 |
0,00 |
2 293,19 |
0,03 |
|
Switzerland |
173 009,82 |
1,38 |
52 440,55 |
0,67 |
|
Sri-Lanka |
0,00 |
0,00 |
44 532,03 |
0,57 |
|
Central African Republic |
0,00 |
0,00 |
3,94 |
0,00 |
|
Ecuador |
0,00 |
0,00 |
19 977,39 |
0,26 |
|
Eritrea |
0,00 |
0,00 |
0,09 |
0,00 |
|
Ethiopia |
0,00 |
0,00 |
392,88 |
0,01 |
|
South African Republic |
1,09 |
0,00 |
7 084,34 |
0,09 |
|
Jamaica |
0,00 |
0,00 |
11 792,90 |
0,15 |
|
Japan |
3 688,09 |
0,03 |
148 903,82 |
1,91 |
|
Others |
1 379,16 |
0,01 |
9,64 |
0,00 |
|
CIS countries, total: |
937 587,98 |
7,50 |
2 105 444,68 |
27,03 |
|
Belarus |
15 039,43 |
0,12 |
115 830,87 |
1,49 |
|
Kazakhstan |
30 550,90 |
0,24 |
96 321,87 |
1,24 |
|
Kyrgyzstan |
451,45 |
0,00 |
903,72 |
0,01 |
|
Moldova |
152,62 |
0,00 |
5 542,73 |
0,07 |
|
Uzbekistan |
3 599,70 |
0,03 |
22 156,83 |
0,28 |
|
Russia |
528 971,71 |
4,23 |
1 363 946,76 |
17,51 |
|
Tajikistan |
1 729,88 |
0,01 |
32,89 |
0,00 |
|
Turkmenistan |
51 445,73 |
0,41 |
92 307,08 |
1,18 |
|
Ukraine |
305 646,55 |
2,44 |
408 401,93 |
5,24 |
source: Azerbaijani state customs committee