Foreign trade relations
On January-August 2018, legal and natural entities of the Republic of Azerbaijan realized trade operations with their partners in 174 countries of the world; goods were exported to 102 countries and imported from 166 countries.
Taking into account value of statistically estimated exported crude oil and natural gas registered in the customs agencies but customs formalities of which not completed the foreign trade turnover on January-August 2018 made 20275.7 million USD, including export value – 13412.2 million USD, import value – 6863.5 million USD and consequently positive trade balance reached to 6548.7 million USD. In comparison with January-August 2017 foreign trade turnover increased in actual price by 34.8%, including export - by 37.7% and import – 29.5%. In real terms trade turnover decreased by 0.2%, including export - by 1.0% and import – 1.2%.
According to the State Customs Committee data, 27.7% of export value was formed based on goods exported to Italy, 8.4% - Turkey, 6.7% - Israel, 4.8% - Germany, 4.6% - India, 4.3% - Taiwan (the state of China), 3.8% - Czech Republic, 3.6% - Indonesia, 3.3% - Canada, 3.2% - Russia, 3.1% - Portugal, 3.0% - France, 2.8% - Georgia, 2.6% - Spain and the rest 18.1% - other countries.
15.5% of total value of goods imported to our country was per the share of import transactions with Russia, 14.6% - Turkey, 10.5% - China, 6.3% - Germany, 5.2% - USA, 4.0% - Ukraine, 3.2% - Italy, 2.8% - Japan, 2.6% - Iran, 2.4% - South African Republic, 2.3%- United Kingdom, 2.2% - Switzerland, 28.4% - other countries.
On January-August 2018 non-oil products in amount of 1093.7 million USD have been exported and that is more in actual prices for 13.5% and in real terms for 4.0% relatively to January-August 2017.
On January-August 2018 compared to the same period of 2017 export of main types of products like fresh fruit increased by 37.6%, natural grape wine and cellar – 2.2 times, potato – 15.5%, vegetable oils – 1.2%, fruit and vegetable cans – 14.9%, polyethylene – 16.8%, unprocessed aluminum – 18.3%, cotton fibre – 2.1 times, ferrous metal pipes– 8.4%, cotton yarn – 25.7%, while export of fresh vegetable – 3.3%, sugar – 39.4%, tobacco – 23.3%, fruit and vegetable juice – 13.0%, tea – 22.5%, margarine, other mixtures fit for food – 16.9%, semi-finished ferrous metals – 69.7%, bentonite clay decreased by 4.5%.
On January-August 2018 compared to January-August 2017 import of wheat increased by 20.4%, vegetable oils – 5.0%, fresh fruit – 50.2%, tea – 9.0%, poultry meat and its additional products – 16.4%, ferrous metal pipes – 2.0 times, motor cars – 2.6 times, ferrous metal rods – 32.0%, mineral fertilizers – 57.2%, furniture – 22.5%, computing machinery, blocks and installations – 6.5%, polyethylene – 34.2%, domestic air conditioners – 27.0%, trucks – 2.2 times, washing machine – 20.9%, cement and cement clinkers – 64.8%, domestic refrigerators – 2.1 times, while import of cigarettes decreased by 1.6%, raw sugar and sugar – 36.2%, butter, other milk fats and pastas – 22.0%, potato – 18.4%, beef – 21.7%, fresh vegetable – 47.1%, steel rolling – 3.2%, ferrous metal corners – 5.4%, buses – 25.4%.
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