Azexport.az Receives $81.5 Million in Export Orders in January 2018

Azexport.az Receives $81.5 Million in Export Orders in January 2018

The Center for Analysis of Economic Reforms and Communication (CAERC) has published the February 2018 issue of its Export Review, detailing Azerbaijan’s export performance in January. Key highlights include:

  • Non-oil sector exports reached $123 million in January 2018, marking a one-third increase compared to January 2017.

  • The top destinations for non-oil products were Russia ($36.8 million), Turkey ($23 million), Switzerland ($17.9 million), Georgia ($11.3 million), and China ($4.4 million).

Top Exported Products:

  1. Gold (non-coin, unprocessed) – $17 million

  2. Dates – $13 million

  3. Low-density polyethylene – $9.7 million

Other notable non-oil exports included:

  • Fruits and vegetables – $35 million

  • Plastics and products – $10 million

  • Aluminum and products – $9 million

  • Ferrous metals and products – $5 million

  • Chemical industry products – $3.6 million

Compared to January 2017, exports increased significantly: electricity (+86%), fruits and vegetables (+45%), chemical products (+36%), and cotton (+20%).

Top Non-State Exporters:

  • Azerbaijan International Mining Company Ltd., Azerbaijan Branch

  • Aqrodoctor MMC

  • MKT Istesalat Kommersiya MMC

  • Qlaf Drilling Supply FZE, Azerbaijan Branch

  • CTS-Agro MMC

  • Baku Steel Company MMC

  • Azagroeksport 2017 MMC

  • Food Export Shamkir MMC

  • Ram International Transport & Trade LTD MMC

  • Ilham-M MMC

Top State Exporters:

  • SOCAR Marketing and Economic Operations Department

  • Det-al Aluminium MMC

  • Azergold QSC

  • Azerenergy ASC

  • Azerbaijan Airlines QSC

  • Caspian Sea Shipping Company QSC

  • Food Supply and Procurement ASC

  • Surakhani Machine-Building Plant Subsidiary ASC

Service Exports:

  • In January 2018, Azercosmos ASC exported satellite telecommunications services to 15 countries, generating $423,000 in revenue. Key markets included the UAE, Germany, Egypt, Georgia, China, Kyrgyzstan, Cyprus, CAR, UK, Ukraine, and others.

Azexport.az Portal:

  • In January 2018, the portal received export orders totaling $81.5 million.

  • From January 1, 2017, to January 31, 2018, export orders from 78 countries totaled $556.6 million.

  • Top five countries by orders: Russia (22%), Turkey (8%), Ukraine (8%), Saudi Arabia (6%), UAE (6%).

  • Most ordered products included wine, tea, hazelnuts, tomato juice, pomegranate, pomegranate concentrate, apples, as well as beans, eggs, decorative flowers, cosmetics, powdered milk, confectionery, jams, medicinal plants, furniture sets, engine oil, bicycles, cotton oil, paints, and cotton seeds.

Other Highlights in the Export Review:

  • Launch of the world’s first online unified export application in Azerbaijan

  • Ministry of Agriculture studies on onion exports to global markets

  • Azerbaijan’s presence at Gulfood 2018 International Food Exhibition

  • CAERC digital marketing training for exporters

  • Increased utilization of the “One-Stop” Export Support Center

The Export Review aims to inform entrepreneurs about export opportunities, enhance access to traditional and new markets, and accelerate integration into international trade. The full report is available in the Reviews section of www.iqtisadiislahat.org.