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Black ink in foreign trade operations of Azerbaijan exceeds $6bn in Jan.-Oct.

Business Materials 21 November 2009 17:32 (UTC +04:00)

Azerbaijan, Baku / Trend , U.Ismaylova /

In January to October 2009, Azerbaijan's foreign trade turnover with 136 countries comprised $16.517 billion, State Customs Committee reported. The black ink of import-export operations amounted to $6.6 billion.

In total, 8,340 legal entities (3,850) and physical entities (4,484) participated in the foreign trade operations.

The amount of export decreased by 74.86 percent as compared to last year and comprised $11.56 billion. The share of public sector in exports totaled $10.78 billion (93.33 percent), private - $673.06 million (5.82 percent), individuals - $0.98 million (0.85 percent).

Over 10 months, imports declined by 16 percent and totaled $4.95 billion. The share of public sector in import operations amounted to $1.59 billion (32.13 percent), the private sector - $3.12 billion (63.03 percent), individuals - $239.83 million (4.84 percent).

Azerbaijan exported 1,990 types of goods and imported 5,600.

The list of main foreign trade partners of Azerbaijan seems to be as:

Export

Countries  

Cost (bln $)

Specific weight in total export (%)

Italy

2,948

25,51

USA

1,370

11,85

France

1,017

8,80

Israel

0,856

7,41

China

0,680

5,89

Russia

0,617

5,34

Canada

0,433

3,75

Indonesia

0,431

3,74

Malaysia

0,387

3,35

Georgia

0,355

2,90

Import

Countries  

Cost (bln $)

Specific weight in total export (%)

Russia

0,894

18,04

Turkey

0,722

14,58

Germany

0,468

9,46

Ukraine

0,423

8,55

China

0,355

7,17

Great Britain

0,231

4,68

USA

0,199

4,02

Japan

0,129

2,65

Italy

0,115

2,33

Belarus

0,104

2,11

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