BAKU, Azerbaijan, June 19. Azerbaijan’s commodity exports increased by 0.5 percent, reaching $6.2 billion in the first quarter of this year.
The data obtained by Trend from the Central Bank of Azerbaijan shows that during this period, driven mainly by favorable global prices for crude oil and natural gas, exports from the oil and gas sector totaled $5.5 billion.
In the realm of exported hydrocarbon commodities, totaling $5.5
billion, the allocation delineates $3.5 billion attributable to
crude oil, $1.9 billion derived from natural gas, and a marginal
$0.1 billion emanating from refined petroleum products.
During Q1 2025, there was a notable uptick in non-hydrocarbon
export metrics, reflecting an 11.8 percent escalation, culminating
in a total valuation of $0.7 billion.
During the corresponding timeframe, the influx of commodities
experienced an uptick of 7.2 percent, culminating in a total
valuation of $3.8 billion. This encompasses $1.6 billion in
consumer goods imports, with $0.6 billion attributed to food
product categories. The influx of imports within the
non-hydrocarbon sector experienced a robust escalation of 8.2
percent, culminating in a total valuation of $3.3 billion.
Within the structure of non-oil and gas imports, the import of butter increased by 43.0 percent; vegetable products by 29.9 percent; grains by 19.8 percent; tractors by 15.9 percent; passenger cars by 13.2 percent; perfume and cosmetic products by 8.7 percent; alcoholic and non-alcoholic beverages by 5.6 percent; paper products by 5.1 percent; and tobacco and tobacco products by 0.9 percent.
During this period, the import of computers decreased by 38.4 percent; trucks by 24.0 percent; vegetable oils by 23.2 percent; switching devices by 20.0 percent; soap and detergents by 13.7 percent; valves, taps, and pipeline fittings by 12.3 percent; sugar by 6.9 percent; pharmaceutical products by 4.2 percent; metals by 2.4 percent; stone and glass products by 0.5 percent; and furniture by 0.1 percent.
The share of machinery, equipment, and goods imported through foreign investment in the total import structure was 3.2 percent, amounting to $0.1 billion.
