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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

10.06.2021, 14:42

In January-April 2021 legal and natural entities of the Republic of Azerbaijan realized trade operations with their partners in 164 countries of the world, goods were exported to 96 countries and imported from 152 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 in January-April 2021 made 9532,1 million USD. 6003,2 million USD or 63,0% of trade turnover made the export value, 3528,9 (37,0%) million USD – import value and consequently positive trade balance reached to 2474,3 million USD. In comparison with January-April 2020 foreign trade turnover increased in actual price by 16,5%, while decreased in real terms by 12,4%, including import – 18,1%, export - 8,3%.

In January-April 2021 the export of non-oil gas products, compared to the corresponding period of the previous year, increased in actual price by 27,0%, in real terms by 10,7% and made 697,0 million USD.

According to the State Customs Committee data, 37,5% of export value was formed based on goods exported to Italy, 16,6% - Turkey, 5,5% - India, 5,3% - Spain, 4,9% - Georgia, 3,1% – Russia, 3,0% - Portugal, per 2,8% - Ukraine and Croatia, 2,7% - Israel, 2,5% - Tunis, per 1,9% - Belarus and China, 1,4% - UK, 1,1% - Switzerland and the rest 7,0% - other countries.

The share of goods sent to Turkey (31,0%), Russia (27,0%), Switzerland (9,8%), Georgia (7,7%), USA (3,3%), China (2,2%), Turkmenistan (1,8%), Ukraine (1,6%), Belgium (1,3%), Kazakhstan (1,2%), Germany (1,1%), Iran (1,0%), Italy (1,0%) was prevailed in export value on non-oil gas products.

18,2% of total value of goods imported to our country was per the share of Russia, 15,2% – Turkey, 12,3% - China, 6,9% – Germany, 4,3% - USA, 4,0% – Ukraine, 3,6% – Iran, 3,5% - Italy, 2,7% - UK, per 2,0% – Korea and Japan, 1,7% - France, 1,6% - Brazil, 1,5% – India, per 1,2% - Belarus and Poland and 18,1% - other countries.

In January-April 2021 compared to the corresponding period of previous year export of main types of products like fresh fruit increased by 50,2%, sugar – 2,4 times, vegetable oils – 35,3%, fruit and vegetable juice – 28,2%, fruit and vegetable cans – 18,4%, natural grape wine and cellar – 1,8 times, cotton fiber – 2,1 times, cotton yarn – 47,1%, bentonite clay – 4,2%, while export of fresh vegetable decreased by 35,1%, tea – 21,1%, potato – 34,2%, tobacco – 59,9%, margarine, other mixtures fit for food – 22,5%, polyethylene – 0,5%, unprocessed aluminum – 15,3%, ferrous metal pipes – 1,3%.

In January-April 2021 compared to January-April 2020 import of wheat increased by 30,6%, raw sugar and sugar 2,2 times, butter, other milk fats and pastas – 4,6%, potato – 3,8%, fresh vegetable – 1,7 times, cigarettes – 1,9%, motor cars – 37,0%, medical products – 9,3%, computing machinery, blocks and installations – 10,8%, rubber tires – 50,3%, domestic trucks – 1,7 times, furniture – 8,4%, washing machines – 30,0%, air conditioners – 2,2 times, domestic refrigerators – 51,0%, while import of vegetable oils decreased by 11,5%, fresh fruit 0,9%, tea – 2,7%, poultry meat and its additional products – 27,2%, beef – 33,6%, ferrous metal pipes – 37,3%, steel rolling – 56,2%, mineral fertilizers – 28,8%, ferrous metal rods – 64,1%, polyethylene – 45,5%, ferrous metal corners – 27,6%, busses - 36,2%, cement and cement clinker – 47,5%.

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