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In January-May 2024 gross domestic product in amount of 48026,0 million manats was produced in the country.In January-May 2024, investments at 6640,9 million manats were directed to fixed assets.For the state of May 1, 2024 number of employees engaged in the country economy made 1749,7 thsd. persons.In January-April 2024 4,3 percent more gross domestic product was produced in the country.In January-March 2024 average monthly nominal salary in the country made 985,3 manats.In January-April 2024, investments at 5230,4 million manats were directed to fixed assets.In January-February 2024 gross domestic product in amount of 18576,9 million manats was produced.In January 2024 industrial products at 5,2 billion manats were produced.For the state of 1st January of the current year winter crops for grain and green feed were sown in the area of 1025,4 thousand hectare.For the state of December 1, 2023 number of employees engaged in the country economy made 1732,6 thsd. persons.In January-April 2023, retail trade turnover increased by 2.9 percent in real terms.The foreign trade turnover of the country in January-March 2023 made 12269,3 million USD.In January-April 2023 the Republic of Azerbaijan received 522,9 thousand foreigners and stateless persons.50.2% of the total population of the country was women for the beginning of 2023.In January-March 2023, 368.9 thousand foreigners and stateless persons arrived in the Republic of Azerbaijan.In January-February 2023, retail trade turnover increased by 2.8 percent in real terms.In January-February 2023, the consumer price index was 113.9% compared to January-February 2022.50,2 percent of total number of population made up women to the beginning of 2023In 2022 cargo transportation in Azerbaijan side of the Europe-Caucasus-Asia Transport Corridor was 51420,6 thousand ton.Industrial products at 6,5 billion manats were produced in January 2023.

Foreign trade relations

19.12.2017

On January-October 2017 legal and natural entities of the Republic of Azerbaijan realized trade operations with their partners in 187 countries of the world; goods were exported to 113 countries and imported from 180 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- October 2017 made 19459.0 million USD, including export value – 12500.6 million USD, import value – 6958.4 million USD and consequently positive trade balance reached to 5542.2 million USD. In comparison with January-October 2016 foreign trade turnover decreased in actual price 9.4%, real terms by 12.0%, export – 8.1% and import – 18.0%.
According to the State Customs Committee, 22.9% of export value was formed based on goods exported to Italy, 12.7% - Turkey, 3.8% - Portugal, per 3.0% - India and Taiwan (province of China), 4.0% - Canada, 4.7% - France, per 4.9% - Czech Republic and Israel, 4.2% - Georgia, 4.2% - Ukraine, 5.0% - Russia, 4.8 % - China, 3.7% - Germany, 2.5% - Indonesia and the rest 20.6% - other countries.
17.3% of value of imported goods was per the share of Russia, 14.6% - Turkey, 9.7% - China, 4.8% - Germany, 9.3% - USA, 2.8% - United Kingdom, per 3.7% - Italy, 5.2% - Ukraine, 2.4% - Brazil, per 1.9% - Japan and Norway, 2.7% - Iran, 23.7% - other countries.
On January-October 2017 non-oil products in amount of 1218.7 million US dollars have been exported and that is more in real terms for 22.8% and actual price for 25.1% relatively to January-October 2016.
On January 2017 compared to the same month of 2016 export of main types of products like fresh fruits increased by 26.4%, fresh vegetable – 87.1%, potato – 50.7%, tobacco – 2.1 times, vegetable oils – 13.0%, ferrous metal pipes – 0.3%, bentonite clay – 3.4 times, tea – 58.0%, fruit and vegetable juice – 53.5%, natural grape wine and cellar – 76.7%, fruit and vegetable cans –4.0%, cotton fibre – 6.5 times; cotton yarn decreased by 29.1%, unprocessed aluminum – 28.6%, sugar export – 41.0%, margarine, other mixtures fit for food – 10.6 %, polyethylene – 13.2%, semifinished ferrous metals – 37.3%.
On January-October 2017 compared to January-October 2016 import of fresh fruit – increased by 35.3%, tea – 7.6%, poultry meat and its additional products – 3.9%, beef – 88.9%, steel rolling – 11.7%, motor cars – 88.0%, computing machinery, blocks and installations – 51.1%, rubber tyres – 34.6%, ferrous metal rods – 13.7%, furniture – 2.1 times, mineral fertilizers – 48.4%, ferrous metal corners – 29.0%, domestic air conditioners – 23.5%, washing machine – 72.7%, trucks – 89.7 %, busses – 97.3%; import of wheat import decreased by 25.6%, raw sugar and sugar – 5.3%, vegetable oil – 7.7%, butter, other milk fats and pastas – 0.4%, potato – 6.2%, fresh vegetable – 43.6%, ferrous metal pipes – 52.1%, polyethylene – 12.8%, cement and cement clinker – 93.0%, domestic refrigerator – 17.0%.

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