CAERC: “Export Review” – March 2020 Issue

CAERC: “Export Review” – March 2020 Issue

1. Overall Export Performance (Jan–Feb 2020)

  • Total exports: USD 3.2 billion, up USD 97 million (3.1%) from Jan–Feb 2019.
  • Non-oil sector exports: USD 296 million, up USD 14.2 million (5%) from the same period in 2019.
  • Major destinations for non-oil exports:
    • Russia: USD 88 million
    • Turkey: USD 75.3 million
    • Georgia: USD 34.9 million
    • Switzerland: USD 28.8 million
    • China: USD 7.6 million
  • Year-on-year growth in non-oil exports: Russia +7.4%, Turkey +18.5%, Switzerland +40%, China +19.9%.

2. Top Non-Oil Export Products (Jan–Feb 2020)

  1. Cotton seed oil: USD 29.2 million
  2. Gold (non-minted, unprocessed): USD 27.3 million
  3. Tomato: USD 24.7 million
  • Other notable exports (Jan–Feb):
    • Fruits & vegetables: USD 75.6 million
    • Plastics & products: USD 29.9 million
    • Aluminum & products: USD 15.5 million
    • Cotton fiber: USD 30.4 million
    • Chemical products: USD 13.9 million
    • Electricity: USD 17.8 million
    • Ferrous metals & products: USD 8.3 million
    • Cotton yarn: USD 6.3 million
    • Sugar: USD 2.1 million
    • Alcoholic & non-alcoholic beverages: USD 2.9 million

3. Non-Oil Export Performance (Feb 2020)

  • Total non-oil exports: USD 155 million, up 8% compared to Feb 2019.
  • Top countries: Turkey (USD 42.2 million), Russia (USD 39.8 million), Georgia (USD 26.4 million), Switzerland (USD 11.8 million), Iran (USD 4.2 million).
  • Top products:
    1. Cotton seed oil: USD 19.5 million
    2. Computer machines & parts: USD 11.5 million
    3. Tomato: USD 11.5 million

4. Top Non-Oil Exporting Companies (Jan–Feb 2020)

  • Private sector (top 10): Socar Polymer MMC, MKT Production & Commerce MMC, Azerbaijan International Mining Company (Rep. Office), STDC MMC, Land Logistic MMC, P-Aqro MMC, Baku Steel Company, Natural Fruit MMC, Mingachevir Textile MMC, Sun Food MMC.
  • State-owned companies (100k+ USD exports): SOCAR Marketing & Economic Operations Directorate, Azerenerji ATSC, Azergold QSC, Azeraluminium MMC, Azerpambig Agrarian Industrial Complex MMC, Azerbaijan Airlines QSC, Azerbaijan Thermal Power Plant MMC, ASK Glass MMC.

5. Service Exports (Jan–Feb 2020)

  • Provided by Azercosmos ASC to 22 countries: USD 8.4 million (90% of company revenue).
  • Main markets: USA, UK, France, UAE, Germany.

6. Foreign Visitors’ Card Transactions (Jan–Feb 2020)

  • February: AZN 72.9 million
  • Jan–Feb total: AZN 158.1 million

7. Export Orders via Azexport.az Portal (Jan–Feb 2020)

  • Total orders: USD 102.9 million
  • February: USD 60.8 million, up 12.8% YoY.
  • Leading products: cotton, eggs, garlic, potatoes, tobacco, chicken meat, wine, confectionery, tea, pomegranate concentrate & wine, furniture sets, construction materials, hazelnut kernels, cosmetics, apples, onions, paints, mushrooms.
  • Since Jan 2017: 38 months, orders from 141 countries total USD 1.688 billion.

8. “One-Stop” Export Support Center (Jan–Mar 2020)

  • Non-oil exports facilitated: USD 15.3 million in March 2020
  • Total (Jan–Mar): > USD 37 million, hundreds of entrepreneurs received export certificates.

9. Objective of the Export Review

  • Raise awareness among entrepreneurs about export opportunities
  • Expand access of local products to traditional and new markets
  • Accelerate integration into international markets
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue
CAERC: “Export Review” – March 2020 Issue