The Center for Analysis of Economic Reforms and Communication (CAERC) released the March 2018 issue of the “Export Review,” covering export performance for January–February 2018.

Key highlights for the non-oil sector:

• Total exports (Jan–Feb 2018): 241.7 million USD, up 37.4% compared to the same period in 2017.

• Main destination countries:

  • Russia: 67.8 million USD

  • Turkey: 65.4 million USD

  • Switzerland: 25.6 million USD

  • Georgia: 17.4 million USD

  • China: 7.6 million USD

Top non-oil export products (Jan–Feb 2018):

1. Gold – 24.4 million USD

2. Electricity – 20.3 million USD

3. Dates – 19 million USD

Sectoral export breakdown (Jan–Feb 2018):

• Fruits & vegetables: 58.4 million USD

• Plastics & related products: 23.9 million USD

• Aluminum & products: 20.7 million USD

• Electricity: 20.3 million USD

• Black metals & products: 9.7 million USD

• Chemical industry products: 6.6 million USD

Growth compared to Jan–Feb 2017:

• Electricity exports increased 5.9 times

• Fruits & vegetables: +50.9%

• Cotton yarn: +43.4%

• Black metals: +14.8%

• Chemical products: +7.2%

February 2018 highlights:

• Non-oil exports in Feb 2018: 119 million USD

• Top country: Turkey – 42.3 million USD

• Top exported products:

  1. Electricity – 17.7 million USD

  2. Low-density polyethylene – 8.8 million USD

  3. Gold – 19 million USD

Leading non-state exporters (Jan–Feb 2018):

• Azerbaijan International Mining Company Ltd (Azerbaijan branch)

• Aqrodoctor MMC

• MKT Production & Commerce MMC

• Baku Steel Company MMC

• Qlaf Drilling Supply FZE (Azerbaijan branch)

• CTS-Agro MMC

• Ram International Transport & Trade LTD MMC

• Food Export Shəmkir MMC

• İlham-M MMC

• Sun Food MMC

State-owned exporters (Jan–Feb 2018):

• SOCAR Marketing & Economic Operations Department

• Azerenerji ASC

• Det-al Aluminum MMC

• Azergold QSC

• Azerbaijan Airlines (AZAL)

• Food Supply and Procurement ASC

• Caspian Shipping Company QSC

• Surakhani Machine-Building Plant Subsidiary ASC

Service exports:

• Azerkosmos ASC exported satellite and telecom services to 17 countries, earning 2.3 million USD, accounting for 79% of its total revenues.

• Main service export countries: France, UAE, Germany, Georgia, China, Egypt, Kyrgyzstan, Cyprus, CAR, UK, Ukraine.

Foreign visitors and spending:

• January 2018: 186,200 foreign and non-citizen arrivals, 16.4% increase from January 2017

• Bank card transactions by foreigners: 99.8 million AZN, 15% increase from January 2017

Azexport.az portal February orders:

• Total export orders: 37.6 million USD

• Cumulative (Jan 2017 – Feb 2018): 594.1 million USD from 81 countries

• Top destination countries: Russia (22%), Turkey (8%), Ukraine (8%), Saudi Arabia (6%), UAE (6%)

• Top exported items: wine, hazelnuts, tea, dates, apples, pomegranate juice, strawberries, silk carpets, licorice, saffron, mushrooms, confectionery, fruit-flavored milk, sugar, eggs, butter, dairy products, medical gauze, construction bricks, bedding sets, canned meat, wheat flour, etc.

Additional information from the review:

• New opportunities for Azerbaijani exporters to Russia via Azexport.az

• Free sale certificates for exporters

• Ministry of Agriculture research on horse and horse meat exports

• Services offered by the “One-Stop” Export Support Center

Purpose of the Export Review:
To educate exporters, expand market access for local products, and accelerate integration into international markets.

Full Export Review access: www.iqtisadiislahat.org – Reviews section