Baku, Azerbaijan, March 12
By Anvar Mammadov – Trend:
Azerbaijan exported goods worth $2.21 billion in January-February 2018 that is by 33.9 percent more than in the same period last year, according to a report of the country’s State Customs Committee.
The share of state sector in export totaled $2.03 billion, private sector – $173 million, individuals – $6.41 million.
Azerbaijan mainly exported oil and oil products, gas, fruits and vegetable, plastic and plastic products in January-February 2018.
TOP-5 goods exported by Azerbaijan at the total cost:
Items |
January-February 2018 |
January-February 2017 |
||
Quantity |
Cost (thousand dollars) |
Quantity |
Cost (thousand dollars) |
|
Oil, thousand tons |
3,648,802.68 |
1,827,303.52 |
3,400,474.38 |
1,387,383.29 |
Oil products, thousand tons |
217,283.80 |
107,007.39 |
117,963.01 |
46,331.72 |
Natural gas, thousand cubic meters |
205,048.95 |
29,428.88 |
326,719.63 |
39,393.75 |
Fruits and vegetables, thousand tons |
57,273.12 |
58,418.59 |
38,072.03 |
38,718.27 |
Plastic and plastic products, thousand tons |
29,791.67 |
23,927.39 |
35,434.51 |
23,679.23 |
During the period, import totaled $1.45 billion, which is 49.3 percent more than in January-February 2017. Some $303 million accounted for the state sector share in import operations, and $1.07 billion – for the private sector, $79.31 million – for individuals.
Azerbaijan mainly imported various machines, vehicles, ferrous metals, plastic and pharmaceuticals during the reporting period.
TOP-5 goods imported by Azerbaijan (total cost):
Items |
January-February 2018 |
January-February 2017 |
||
Quantity |
Cost (thousand dollars) |
Quantity |
Cost (thousand dollars) |
|
Machines and mechanisms, electronic equipment, spare parts, thousand dollars |
- |
324,969.78 |
- |
208,983.9 |
Ferrous metals and ferrous goods, thousand tons |
151,369.59 |
197,288.75 |
102,289.92 |
101,657.86 |
Vehicles and spare parts, thousand dollars |
- |
146,883.62 |
- |
42,399.86 |
Plastic and plastic products, thousand tons |
24,842.97 |
47,495 |
19,414.88 |
35,944.9 |
Pharmaceuticals, thousand tons |
2,081.64 |
44,990.04 |
1,732.81 |
25,132.79 |
Azerbaijan’s foreign trade operations increased by 39.2 percent and amounted to $3.66 billion in January-February 2018, as compared to January-February 2017. The surplus in the reporting period amounted to $758.92 million, which is 11.3 percent more than in the same period last year.