Favorable balance of trade exceeds $1bn in Azerbaijan in Jan-Nov

State Customs Committee told APA that residents and nonresidents carried out trade operations of $10 248 454 100 with 140 countries, including exports of 5 624 972 000 and imports of 4 623 482 100.

Humanitarian goods of 21 764.9 tons worth $34.5668 million were imported to the country through the state, government and international organizations.

The amount of exports and imports grew by 35.9% and 21.47%, year-over-year, in this period.

Temporary exports made up $33.7205m and temporary imports stood at $329.5414m.

As to the structure of the export, crude oil was 59.25%, oil products 24.59%, chemicals 3.13%, fruits and vegetables 2.15%, aluminum 1.17%, ferrous metals 1.02%, grease and vegetable oil 1.06%, cotton 0.64%, tobacco 0.34%, alcoholic and non-alcoholic beverages 0.29%.

As to the imports, the machinery and electronics goods and spare parts were 30.79%, oil gas and other hydrocarbons 9.2%, ferrous metals 9.35%, foodstuffs 8.24%, transport facilities and spare parts 15.03%, costumer goods 1.11, firewood 1.06%, chemist’s goods 0.93% and furniture 0.48%.

The portion of the state sector in the exports was 59.46% and the portion of the private sector was 38.97%, the portion of individuals was 1.57%.

As to imports, the shares are 28.75%, 65.62%, 5.62% respectively.