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)
- Cotton seed oil: USD 29.2 million
- Gold (non-minted, unprocessed): USD 27.3 million
- 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:
- Cotton seed oil: USD 19.5 million
- Computer machines & parts: USD 11.5 million
- 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









Op-eds
Aykhan Gadashov
Head of the Azexport portal
“Geoeconomic Stability Corridor”: The $1 Billion Trade Target with Uzbekistan Opens New Horizons for Business
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Crowdfunding: New Perspectives in Startup Financing in Azerbaijan
Elnur Alakbarov
Deputy head of the Economic analysis division
New Action Plan on Employment: Digitalization and Result-Oriented Management
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Agricultural support mechanisms will create new opportunities for farmers and exporters
Ilyas Huseynov
Head of the Turkic World Research Center
Large-Scale Modernization of the Baku-Tbilisi-Kars Railway: A New Strategic Phase in the Middle Corridor and Eurasian Connectivity
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Guarantor of Peace and Security in the South Caucasus
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Transition to an Innovation Ecosystem: Azerbaijan’s Strategic Choice