Foreign trade relations
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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