03 July 2018, 14:57

Key Highlights:

  1. Non-Oil Exports:

    • January–May 2018 non-oil sector exports reached USD 667.5 million, a 20% increase compared to the same period in 2017.

    • Main export destinations: Russia (USD 223.2M), Turkey (USD 154.3M), Georgia (USD 69.9M), Switzerland (USD 56.5M), China (USD 19.1M).

  2. Top Exported Products:

    • Tomatoes – USD 96.8M (21% increase in value, 15% increase in volume)

    • Electricity – USD 53.3M

    • Gold (unprocessed) – USD 48.4M

    Other products: fruits and vegetables (USD 189.8M), plastic products (USD 59M), aluminum (USD 58M), ferrous metals (USD 28M), chemical products (USD 23.7M), cotton yarn (USD 7.6M).

    Growth rates: electricity 3.2×, fruits and vegetables 23.3%, aluminum products 20.4%, cotton yarn 15%, chemical products 11.4%.

  3. May 2018 Export Overview:

    • Non-oil exports: USD 182M

    • Top countries: Russia (USD 87.8M), Turkey (USD 27.1M), Switzerland (USD 16.9M), Georgia (USD 13.5M), Netherlands (USD 6.3M)

    • Top products: tomatoes (USD 54.3M), potatoes (USD 16.3M), gold (USD 14.1M)

  4. Leading Exporters:

    • Private sector: Azerbaijan International Mining Company Limited (AZ office), MKT Production & Commerce LLC, Baku Steel Company LLC, Kapitan Fruits LLC, Qala Fruits & Vegetables LLC, Food Export Shamkir LLC, Azfruittrade LLC, Shirin Agro JSC, Sun Food LLC, Metalchilar-2 LLC.

    • State-owned enterprises: SOCAR Marketing and Economic Operations Department, Azerenergy JSC, Det-al Aluminum LLC, Azergold JSC, CTS-Agro LLC, Azerbaijan Airlines JSC, SOCAR Methanol LLC, Supply of Food Products OJSC.

  5. Service Exports:

    • Azercosmos JSC exported satellite and telecommunications services to 19 countries. Revenue in January–May 2018: USD 11M; in May: USD 1.6M. Key markets: France, UAE, Germany, Georgia, China, Egypt, Kyrgyzstan, Cyprus, CAR, UK, Ukraine.

  6. Tourism & Foreign Spending:

    • January–May 2018: 1,055.6 thousand foreign visitors (+10.1% YoY)

    • Foreign card transactions: AZN 513.7M (+21% YoY)

    • May 2018: AZN 107.3M (+16% YoY)

  7. Azexport.az Portal:

    • May 2018: USD 27.7M in export orders

    • Jan 2017–May 2018: USD 725.2M from 95 countries

    • Integrated with Google Market Finder

  8. “One-Window” Export Support Center:

    • Issued over 400 certificates in June 2018 for physical and legal persons

    • Exported products to countries including Turkey, Russia, UAE, Georgia, Switzerland, Qatar, Italy, Kazakhstan, Vietnam, Malaysia, Germany, Serbia, Iran, Greece, Ukraine, China, Canada, Netherlands, Czech Republic

    • Currently, over 10% of non-oil exports documentation is handled via the Center

  9. Additional Updates:

    • Launch of Qida Tehlukesizliyi Agentliyi activities at the One-Window Export Support Center

    • Establishment of the Azerbaijan Trade House in Ukraine

    • Export mission to Switzerland

The Export Review aims to inform entrepreneurs about export opportunities, enhance access to traditional and new markets, and accelerate integration into international markets.

Full issue available at: www.iqtisadiislahat.org – Reviews Section


Center for Analysis of Economic Reforms and Communication
www.ereforms.gov.az