TODAY.AZ / Business

Azerbaijan's exports and imports more than double in January

30 March 2007 [22:58] - TODAY.AZ
During January, 2007 Azerbaijan's trade operations with 86 nations totaled to US $785.6mln of which exports accounted for $396.0 mln and imports made up $389.5mln, including humanitarian goods worth $8,9mln imported to the country through the state, government and international organizations.

The country's trade surplus stood at $6,4mln during the period, State Statistics Committee told.

According to data, the total trade rose 1.6 times, exports jumped 1.7 times and imports leaped 1.5 times year-on-year. Trade with the European Union members accounted for 41.5% (imports 22.9%, exports 59.9%) of the trade turnover.

Azerbaijan’s trade with members of GUAM Organization for Democracy and Development increased 1.8 times year-over-year.

The country carried out 24.4% of trade operations with Italy, 18.7% with Russia, 12% with Turkey, 5.8% with France, 5.85% with Iran, 4.9% with Ukraine, 3.4% with Germany, 3.1% with the U.S., 2.5% with China, 2.4% with Japan, 2.4% with Kazakhstan, 2.3% with Finland, 1.9% with the U.K., 1.5% with Georgia, 1.1% with Estonia and 8.1% with others.

Azerbaijan imported 27.5% from Russia, 10% from Turkey, 8.5% from Ukraine, 6.3% from the U.S. and 6.3% from Germany.

Electronic equipment, devices and spare parts accounted for 24.9% of the imports, minerals products 18.2%, metals11%, , foodstuffs 13.5%, vehicles and spare parts 9.2%, chemicals 7.2%.

Import of wheat decreased by 30.7% from a year earlier, chicken 18.1%, egg 3.2 times, tea 2.1 times, chocolates 1.5%, cement clinkers and cement 50.4%, electricity 7.5%, medicines 1.9 times, metal constructions 4.1 times, calculating machines 1.9 times, agricultural vehicles 4.8 times, tractors 1.9 times, butter 39.3%, rice 13.9%, vegetable oils 76.6%, tobacco 27.8%, cars 30.6% and buses 7.7%.

Azerbaijan imported 47% from Italy, 13.9% from Turkey, 10.1% from Russia, 9.55 from France, 9.2% from Iran.

Mineral products made up 82% of exports. Minerals export rose 1.7 times year-on-year, sewing (weaving) products 2.2%, ferrous metals 2.1 times, machines, devices and equipment 3.5 times, foodstuffs 2.6 times.

During this period, the country's trade with the Commonwealth of Independent Countries (an alliance of former soviet republics) totaled $226.9mln (imports $167.1mln, exports $59.8mln).

URL: http://www.today.az/news/business/38564.html

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