In January to September 2006 the foreign trade turnover with 134 countries comprised $8.63m.
The volume of export grew 93.94% as compared to last year and comprised $4.85bln, while import rose 17.14% and comprised $3.78bln. The foreign trade ended in a balance 1068.8 in black.
In this period the highest rate of export fell on September $1189.3m, while the lowest on January - $236.6m. As to import operations, the highest figure was fixed in August - $737.9mln, while the lowest ratio in January - $253.2m
In January to September the humanitarian assistance rendered by the government and international organizations to Azerbaijan without interests through state and governmental lines, as well as international organizations comprised 19,150 tons. The technical assistance to the country amounted to $30.78mln.
Over 9 months of 2006 export of al goods rose, except animals and vegetable oil.
Rise in export was first of all linked with rise in the export volume of crude oil. 60.7% of the export fell on crude oil, which is 3.1 times more than 2005. The oil products comprised 24.5% of the total, or 1.5 times more than 2005. In general, the oil and oil products constituted 85.1% of the total export.
Structure of export in January to August 2006
|
Product |
Special weight in export, in % |
As compared to 2005, in% |
|
Crude oil |
60,65 |
310,7 |
|
Oil products |
24,51 |
151,28 |
|
Ferrous and non-ferrous metal and wares of them |
0,83 |
108,27 |
|
Alcohol and alcohol-free spirits |
0,23 |
195,37 |
|
Chemical products |
3,0 |
160,16 |
|
Cotton |
0,61 |
132,99 |
|
Tobacco and tobacco products |
0,36 |
119,95 |
|
Precious metals |
1,12 |
134,46 |
|
Fruits and vegetables |
1,59 |
110,95 |
|
Fat and vegetable oil |
0,97 |
86,93 |
|
Others |
6,14 |
Source: State Customs Committee
In this period the highest amount of export fell on Italy with the total amount of good worth $2,280,6mln, which comprises 47.05% of all export. It is followed by Israel ($522.14m) and Turkey ($285.4).
The share of public sector in export operations made up $2743.3mln (56.59%), private sector held $2054.04 (42.37%). The share of export operations by physical entities comprised $50.1 (1.03%).
Considerable rise was observed in the import of almost all products, excluding consumer products and furniture.
Structure of import in January to August 2006, in %
|
Product |
Special weight in import, in % |
As compared to 2005, % |
|
Foodstuff |
7,63 |
114,52 |
|
Oil gas and other gas-like hydrocarbons |
9,33 |
158,31 |
|
Consumer goods |
1,11 |
85,51 |
|
Machines and equipment |
31,21 |
104,7 |
|
Transport conveyances and spare parts to them |
15,69 |
204,88 |
|
Ferrous meta and wares of them |
8,76 |
102,45 |
|
Furniture |
0,52 |
89,71 |
|
Woods |
1,09 |
109,97 |
|
Pharmaceutical products |
0,98 |
182,06 |
|
Other |
23,7 |
Source: State Customs Committee
The traditional domination of three countries in import underwent some changes: Russia ($793.74m), UK ($356.72mln) and Germany ($281.2).
The share of public sector in import operations made up $1104.1mln (29.13%), while private sector held $2,486mln (65.58%). The share of export operations by physical entities comprised $200.5mln (5.29%).
In January to September 2006 Azerbaijan imported $1,505,9mln worth product from the CIS, which is 39.85% of the entire import. At the same time Azerbaijan exported goods worth for $632.8mln. The import-export operations with CIS countries ended in a balance with $873.1mln red.
Export to the CIS countries were comprised of export fuel, oil products, chemical substances, ship, animals and vegetable oil, while Azerbaijan imported from CIS mainly equipment, and transport conveyances, grains, electric appliances, different devices.