Foreign trade relations

16.04.2019, 12:03

 On January-February 2019 legal and natural entities of the Republic of Azerbaijan realized trade operations with their partners in 144 countries of the world, goods were exported to 86 countries and imported from 138 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-February 2019 made 5121.2 million USD, including export value – 2955.4 million USD, import value – 2165.8 million USD and consequently positive trade balance reached to 789.6 million USD. In comparison with January-February 2018 foreign trade turnover increased in actual price by 13.0 percent, including import – 49.1 percent, export decreased by 4.0 percent. In real terms trade turnover increased by 6.1 percent, including import - by 18.7 percent and export – 0.1 percent.

According to the State Customs Committee data, 37.7 percent of export value was formed based on goods exported to Italy, 8.7 percent - Turkey, 7.6 percent - Germany, 4.7 percent - Spain, 4.6 percent - Portugal, 4.4 percent - India, per 3.7 percent - Georgia and Austria, 3.4 percent - Czech Republic, 2.8 percent - Russia, 2.7 percent - Greece, 2.6 percent - France, 2.4 percent - Israel and the rest 11.0 percent - other countries.

12.7 percent of total value of goods imported to our country was per the share of Switzerland, 11.6 percent - Russia, 9.1 percent - Turkey, per 8.4 percent  - Iran and China, 5.8 percent Canada, 4.3 percent  - USA, 3.9 percent - Germany,3.7 percent  - Australia, 3.0 percent - Ukraine, 2.6 percent – Belarus, 2.4 percent  Italy, 24.1percent - other countries.

On January-February 2019 non-oil products in amount of 281.6 million US dollars have been exported and that is more in actual prices for 16.5 percent and real terms for 10.3 percent relatively to January- February 2018. The share of goods sent to Russia (29.1%), Turkey (22.6%), Georgia (13.1%), Switzerland (7.3%), Iran (3.0%), Greece (3.0%), Italy (2.8%), China (2.3%), Ukraine (2.2%), Germany (2.0%) and the USA (1.6%) was prevailed in export value on non-oil products.

On January- February 2019 compared to the same period of 2018 export of main types of products like fresh fruit increased by 27.2 percent, fresh vegetable – 1.6 times, tobacco – 19.0 percent, sugar – 15.5 percent, tea – 18.9 percent, fruit and vegetable cans – 16.8 percent, vegetable oils – 4.4 percent, natural grape wine and cellar – 8.5 percent, cotton yarn - 2.9 times, unprocessed aluminum – 7.6 percent, cotton fibre – 9.3 percent, bentonite clay – 30.6 percent, ferrous metal pipes – 2.4 times, while export of fruit and vegetable juice decreased by 19.5 percent, margarine, other mixtures fit for food – 35.5 percent, potato – 27.6 percent, polyethylene – 4.8 percent, ferrous metal pipes – 65.8 percent.  

On January-February 2019 compared to January-February 2018 import of wheat increased by 16.1%, raw sugar and sugar – 3.3 times, vegetable oils –13.9%, cigarette – 24.4%, potato – 38.6%, butter, other milk fats and pastas – 5.4%, poultry meat and its additional products – 2.1 times, beef – 8.9%, motor cars – 2.5 times, steel rolling – 1.3%, mineral fertilizers – 1.7 times, computing machinery, blocks and installations – 49.1%, ferrous metal rods – 0.9%, furniture – 35.3%, polyethylene – 23.8%, trucks – 2.2 times, ferrous metal corners – 34.5%, domestic air conditioners – 2.0 times, busses – 3.4 times, while import of fresh vegetable decreased by 6.4%, tea – 19.6%, fresh vegetable – 5.6%, ferrous metal pipes – 24.7%, rubber tyres – 14.1%, washing machine – 21.7%, cement and cement clinker – 47.2%, domestic refrigerator – 26.4%.

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