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Favorable balance of trade exceeds $1bn in Azerbaijan in January-November

27 December 2006 11:14 (UTC +04:00)

Favorable balance reached $1.0014899 billion in exports and imports of Azerbaijan during the period of January-November.
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%, chemistâ€™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. /APA/