Foreign trade relations
On January-November 2018 legal and natural entities of the Republic of Azerbaijan realized trade operations with their partners in 182 countries of the world, goods were exported to 109 countries and imported from 173 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 of the country on January-November 2018 made 29224.0 million USD, including export value – 18928.5 million USD, import value – 10295.5 million USD and consequently positive trade balance reached to 8633.0 million USD. In comparison with January-November 2017 foreign trade turnover increased in actual price by 34.6%, including export – 35.9% and import – 32.1%. In real terms trade turnover increased by 1.1%, including export - by 1.0% and import – 1.2%.
According to the State Customs Committee data, 31.0% of export value was formed based on goods exported to Italy, 8.7% - Turkey, 6.2% - Israel, 4.6% - Czech Republic, 4.2% - India, 4.1% - Germany, 4.0% - Taiwan (province of China), 3.3% - Russia, 3.2% - Canada, per 3.0% - Indonesia and Portugal, per 2.5% - Georgia and France and the rest 19.7% - other countries.
16.2% of total value of goods imported to our country was per the share of Russia, 14.0% - Turkey, 10.2% - China, 5.7% - Germany, 4.9% - Switzerland, 4.6% - USA, 4.0% - Ukraine, 3.6% - Iran, 3.5% - Japan, 3.0% - Italy, 2.4% - United Kingdom, 27.9% - other countries.
On January-November 2018 non-oil products in amount of 1531.7 million US dollars have been exported and that is more in actual price for 10.5% and real terms for 1.4% relatively to January-November 2017.
On January-November 2018 compared to the same period of 2017 export of main types of products like fresh fruit increased by 21.0%, fresh vegetable – 0.3%, potato – 15.5%, vegetable oils – 10.8%, fruit and vegetable cans – 13.4%, natural grape wine and cellar – 1.8 times, cotton yarn - 2.5 times, polyethylene – 9.3%, unprocessed aluminum – 12.2%, ferrous metal pipes – 4.7%, cotton fibre – 31.0%, while export of sugar decreased by 32.8%, tobacco – 8.7%, tea – 19.4%, fruit and vegetable juice – 21.5%, margarine, other mixtures fit for food – 10.9%, semifinished ferrous metals – 55.5%, bentonite clay – 10.5%.
On January-November 2018 compared to January-November 2017 import of cigarette increased by 2.6%, fresh fruit – 47.9%, tea – 0.2%, poultry meat and its additional products – 28.9%, ferrous metal pipes – 1.7 times, motor cars – 2.4 times, ferrous metal rods – 44.1%, mineral fertilizers – 1.6 times, furniture – 23.8%, computing machinery, blocks and installations – 14.1%, polyethylene – 28.3%, domestic air conditioners – 39.4%, washing machine – 10.4%, ferrous metal corners – 4.1%, trucks – 1.9 times, busses – 39.1%, cement and cement clinker – 42.1%, domestic refrigerator – 1.8 times, while wheat import decreased by 11.5%, vegetable oil – 10.7%, raw sugar and sugar – 34.3%, butter, other milk fats and pastas – 14.4%, potato – 9.1%, beef – 12.5%, fresh vegetable – 43.4%, steel rolling – 9.8%, rubber tyres – 8.6%,
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