Imports of Azerbaijan increased from 3,109 million US dollars in 2002 to 16,336 million US dollars in 2021 growing at an average annual rate of 10.52%. U.S. Department of Commerce
APDF readeris available from Adobe Systems Incorporated. This site contains PDF documents. In all cases, the PSAs specific terms will govern each individual situation. Data on Azerbaijan's FDI in the U.S. are not available. Heydar Isayev contributed reporting. A .gov website belongs to an official government organization in the United States. Exports The top exports of Azerbaijan are Crude Petroleum ($9.3B), Petroleum Gas ($2.2B), Refined Petroleum ($292M), Gold ($211M), and Tomatoes ($201M), exporting mostly to Italy ($4.06B), Turkey ($2.61B), Russia ($728M), Greece ($514M), and Georgia ($490M). Azerbaijan has also proposed exporting electricity to Europe through what it calls the "Zangezur corridor," across Armenian territory to its Nakhchivan exclave and Turkey. Importers are required to provide the State Customs Committee with the following: signed import contract (and contract number), customs declaration, permission (s) from the relevant state entity (s) when applicable, bill of lading, sales invoice and packing list, certificate of origin, and certificate of quality of the imported merchandise. USA.gov|FOIA|Privacy Program|EEO Policy|Disclaimer|Information Quality Guidelines |Accessibility, Official Website of the International Trade Administration, Azerbaijan - Prohibited and Restricted Imports, Comply with U.S. and Foreign Export Regulations. Meat: $40.4 million 5. The latest available country-specific data shows that 84.3% of products exported from Azerbaijan were bought by importers in: Italy (41.6% of Azerbaijan's global total), Turkey (12.7%), Russia (4.1%), Israel (4%), Croatia (3.4%), Georgia (3%), Germany (2.9%), India (2.7%), Portugal (2.65%), Tunisia (2.6%), Spain (2.5%) and Ukraine (2%). Find COVID-19 Vaccines Near You: Vaccines.gov (English) Vacunas.gov (Spanish)Text your zip code to 438829 (GETVAX) in English or 822862 (VACUNA) in Spanish, In 2019, Azerbaijan GDP was an estimated $47.2 billion (current market exchange rates); real GDP was up by an estimated 2.3%; and the population was 10 million. 1. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. International Trade Administration
Where does Azerbaijan import Pharmaceutical products from? BAKU, Azerbaijan, November 6. Last Published: 7/2/2019 As part of the government's efforts to spur domestic agriculture, it has prioritized import-substitution for food products, raising tariffs to keep many foreign products out of the market. The economy of Azerbaijan has completed its post-Soviet transition into a major oil-based economy (with the completion of the Baku-Tbilisi-Ceyhan Pipeline), from one where the state played the major role.The transition to oil production led to remarkable growth figures as projects came online; reaching 26.4% in 2005 (second highest GDP growth in the world in 2005 only to Equatorial Guinea) and . A locked padlock ) or https:// means youve safely connected to the .gov website. Azerbaijan Country Growth v/s World Growth v/s GDP Growth Azerbaijan is currently our 125th largest goods trading partner with $400 million in total (two way) goods trade during 2019. Another potential source of natural gas for Europe is liquefied natural gas (LNG). Log in, Mineral fuels including oil: US$19.6 billion (88.4% of total exports), Plastics, plastic articles: $442.2 million (2%), Gems, precious metals: $205.6 million (0.9%), Mineral fuels including oil: US$19.3 billion (Up by 64.9% since 2020), Vegetables: $132.5 million (Down by -24.3%), Gems, precious metals: $91.4 million (Down by -50.7%), Fertilizers: $75.5 million (Reversing a -$90.3 million deficit), Organic chemicals: $59.5 million (Up by 238.6%), Plastics, plastic articles: $54.2 million (Reversing a -$181.4 million deficit), Machinery including computers: -US$1.7 billion (Up by 13.8% since 2020), Electrical machinery, equipment: -$966.7 million (Up by 1.6%), Pharmaceuticals: -$524.5 million (Up by 39.3%), Articles of iron or steel: -$496.4 million (Down by -9.6%), Iron, steel: -$255.3 million (Down by -25.9%), Optical, technical, medical apparatus: -$208.1 million (Down by -5.2%), Paper, paper items: -$195.7 million (Up by 19.2%), Akkord Industry Construction Investment Corp (construction materials). 2022 : U.S. trade in goods with Azerbaijan. There is no information on the distribution of U.S. FDI in Azerbaijan. The top export categories (2-digit HS) in 2019 were: aircraft ($197 million), machinery ($81 million), electrical machinery ($29 million), optical and medical instruments ($19 million), and miscellaneous chemical products ($10 million). Russia. TheInternational Trade Administration,U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. Azerbaijan's main imports partners are Turkey, Russia, Germany, the United Kingdom, the United States and Italy. The U.S. goods trade surplus with Azerbaijan was $348 million in 2019. 4. In 2021, imports for Azerbaijan was 16,336 million US dollars. Travelers can import up to $10,000 or the equivalent, 3 liters of alcohol, 600 cigarettes, and 20 grams of gold or jewelry without filing a declaration. For amounts larger than this (including up to $50,000), travelers should fill out a customs declaration. Prohibited and restricted imports and exports are subject to change. Azerbaijan is currently our 125th largest goods trading partner with $400 million in total (two way) goods trade during 2019. Goods, tools, equipment, supplies, and services required to successfully carry out the PSAs objectives are generally exempt from import duties and taxes. Importers are required to provide the State Customs Committee with the following: a signed import contract (and contract number), customs declaration, permission(s) from the relevant state entity(s) when applicable, bill of lading, sales invoice and packing list, certificate of origin, and certificate of quality for the imported merchandise. A lock ( Azerbaijan was the United States' 153th largest supplier of goods imports in 2019. Table reflects only those months for which there was trade. API users can feed a custom application. Azerbaijans other exports include sugar, fruits, metals and polymers.Azerbaijans main exports partners are Italy, the United Kingdom, the United States, Israel, Indonesia, France and Turkey. The top import categories (2-digit HS) in 2019 were: special other ( ) ($16 million), aluminum ($3 million), electrical machinery ($3 million), machinery ($826 thousand), and preserved food ( ) ($753 thousand). Current job openings: Download historical data for 20 million indicators using your browser. Please consult with industry professionals for the most up-to-date information on restrictions and regulations. Medication for personal use can be brought into Azerbaijan without a declaration. Goods exports totaled $374 million; goods imports totaled $26 million. Travelers can import personal items and valuables up to a certain amount without filling out a customs declaration. Compare Exports by Country Russia is the leading export partner of Azerbaijan with regards to non-oil products, as well as the 4 th largest export partner of Azerbaijan. Azerbaijan exports for 2021 was $25.49B, a 67.59% increase from 2020. The State Customs Committee establishes the time for the processing and re-exporting of the goods, usually within two years. Data are in current U.S. dollars. Azerbaijan exports for 2018 was $25.48B, a 28.45% increase from 2017. Azerbaijan's exports are dominated by oil and natural gas, which account for around 95 percent of total export revenues. USA.gov|FOIA|Privacy Program|EEO Policy|Disclaimer|Information Quality Guidelines |Accessibility, Official Website of the International Trade Administration, Azerbaijan - Import Requirements and Documentation, Comply with U.S. and Foreign Export Regulations. Pharmaceuticals: $47.1 million 4. The Government of Azerbaijan must approve, certify, or license exports or imports of weapons, military equipment, explosives, special types of scientific and technical information for production of weapons, nuclear and radioactive materials and technologies, narcotic and psychotropic substances, blood and blood components, and unprocessed diamonds. A .gov website belongs to an official government organization in the United States. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Download Historical Data Save as Image Trading Economics welcomes candidates from around the world. Top trading partners (import of "Pharmaceutical products") of Azerbaijan in 2020: Turkey with a share of 18.7% (70 million US$) Germany with a share of 10.3% (38 million US$) Russia with a share of 8.02% (30 million US$) France with a share of 7.49% (28 million US$) TheInternational Trade Administration,U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. 15.9% ($2.19 billion): 2711 - Petroleum gases and other gaseous hydrocarbons. Washington, DC 20230. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Pearls, precious stones, metals, coins, etc imports resulted in fastest-growing elevation in terms of value within the top 10 import clusters, by being up with 5328.88% from 2017 to 2018. Azerbaijan exports for 2020 was $15.21B, a 35.64% decline from 2019. Text your zip code to 438829 (GETVAX) in English or 822862 (VACUNA) in Spanish. Goods exports totaled $374 million; goods imports totaled $26 million. The foreign trade of Azerbaijan External economic activities Dynamics of foreign trade relation Foreign trade by countries Foreign trade by deal types Geographical structure of foreign trade Foreign trade on Standard International Trade Classification (SITC) Structure of foreign trade by products Imports and exports of main commodities Azerbaijan: major export destinations Azerbaijan exports chemicals, machinery, food (particularly grapes and other fruits and vegetables), beverages, petroleum and natural gas, iron and steel, nonferrous metals, and other products; its imports include iron and steel, machinery, and food and beverages, particularly meat and milk. U.S. total exports of agricultural products to Azerbaijan totaled $2 million in 2019. As soon as processing is completed and the goods are re-exported, a draw-back procedure is initiated to recover the taxes and duty paid. . Official websites use .gov Share sensitive information only on official, secure websites. the government of azerbaijan must approve, certify, or license the exporting or importing of weapons, military equipment, explosives, special types of scientific and technical information for production of weapons, nuclear and radioactive materials and technologies, narcotic and psychotropic substances, blood and blood components, and unprocessed Facing a Foreign Trade AD/CVD or Safeguard Investigation? Washington, DC 20230. We have a plan for your needs. For example, poultry meat import tariffs are set at $1 per kilogram and eggs are charged at $100 per 1,000 chicken eggs. U.S. total imports of agricultural products from Azerbaijan totaled $1 million in 2019. There is no information on the distribution of Azerbaijan FDI in the U.S. 1401 Constitution Ave NW
White label accounts can distribute our data. The Government of Azerbaijan must approve, certify, or license the exporting or importing of weapons, military equipment, explosives, special types of scientific and technical information for production of weapons, nuclear and radioactive materials and technologies, narcotic and psychotropic substances, blood and blood components, and unprocessed diamonds. Secure .gov websites use HTTPS Direct access to our data from your apps using any programing language. Foreign Direct Investment Attraction Events, Services for U.S. Companies New to Exporting, Services for U.S. Companies Currently Exporting, Leading Sectors for US Exports & Investments, Information and Communications Technology, Licensing Requirements for Professional Services. U.S. goods exports to Azerbaijan in 2019 were $374 million, up 19.3 percent ($60 million) from 2018 and up 102 percent from 2009. Sugar: $29.5 million 6. Azerbaijan's other exports include sugar, fruits, metals and polymers.Azerbaijan's main exports partners are Italy, the United Kingdom, the United States, Israel, Indonesia, France and Turkey. Data on U.S. FDI in Azerbaijan are not available. Travelers can import up to $10,000 or the equivalent, 3 liters of alcohol, 600 cigarettes, and 20 grams of gold or jewelry without filing a declaration. In addition, the government regulates the export of strategic commodities produced in Azerbaijan. Azerbaijan exports for 2019 was $23.63B, a 7.28% decline from 2018. . A lock ( Details may not equal totals due to rounding. The U.S. trade balance with Azerbaijan shifted from a goods trade deficit of $191 million in 2018 to a goods trade surplus of $348 million in 2019. Goods imported into Azerbaijan for processing and later re-exported are subject to normal duties and taxes at the time of importation. Includes a list of goods that are prohibited from being exported to the country or are otherwise restricted. A locked padlock ) or https:// means youve safely connected to the .gov website. Foreign Direct Investment Attraction Events, Services for U.S. Companies New to Exporting, Services for U.S. Companies Currently Exporting, Leading Sectors for US Exports & Investments, Information and Communications Technology, Licensing Requirements for Professional Services. Secure .gov websites use HTTPS Standard users can export data in a easy to use web interface or using an excel add-in. Azerbaijan was the United States' 114th largest goods export market in 2019. The Trading Economics Application Programming Interface (API) provides direct access to our data. This site contains PDF documents. Includes import documentation and other requirements for both the U.S. exporter and foreign importer. The U.S. goods trade surplus with Azerbaijan was $348 million in 2019. APDF readeris available from Adobe Systems Incorporated. Azerbaijan's Top Exports in 2020: 68% ($9.36 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude. There is no formal procedure to submit an application. Medication for personal use can be brought into Azerbaijan without a declaration. International Trade Administration
Facing a Foreign Trade AD/CVD or Safeguard Investigation? The Government of Azerbaijan must approve, certify, or license exports or imports of weapons, military equipment, explosives, special types of scientific and technical information for production of weapons, nuclear and radioactive materials and technologies, narcotic and psychotropic substances, blood and blood components, and unprocessed diamonds. As soon as processing has been completed and the goods are re-exported, a draw-back procedure can be initiated to recover the taxes and duty paid. The period of exemption from import customs duties on materials for medical masks (for surgical operations or procedures) has been extended, Trend reports citing . Provisions for importing goods and equipment are an integral part of production sharing agreements (PSAs) in the energy sector. 2022 Data - 2023 Forecast - 1998-2021 Historical - Chart - News, source: Central Bank of the Republic of Azerbaijan, Azerbaijan Gasoline Prices at 0.59 USD/Liter, Deposit Interest Rate in Azerbaijan at 8.71 percent, Azerbaijan Producer Price Inflation MoM at -6.50 percent, Azerbaijan Fiscal Expenditure at 20470.70 AZN Million, Azerbaijan Producer Prices Change at 112.10 percent, Azerbaijan Government Revenues at 22401.50 AZN Million, Azerbaijan GDP Current Prices at 98077.80 AZN Million, NZ Dollar Pressured Ahead of US Inflation Data, Japan Leading Index Drops to Near 2-Year Low, Aussie Pressured by Looming US Inflation Data, Malaysia Industrial Output Growth at 4-Month Low, Malaysia Q3 Construction Output Grows the Most in 5 Quarters, UK Retail Sales Ease on Cost of Living Crisis, Dollar Steadies Ahead of Midterm Elections. 1401 Constitution Ave NW
Official websites use .gov External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Azerbaijan services export is 2,620,595,000 in BoP, current US$ and services import is 5,461,255,000 in Bop, current US$.Azerbaijan exports of goods and services as percentage of GDP is 35.70% and imports of goods and services as percentage of GDP is 36.47%. Month. Share sensitive information only on official, secure websites. U.S. Department of Commerce
But Baku and Yerevan have yet, two years after a ceasefire agreement, to agree on any terms for transportation links. Compare Imports by Country United Nations Comtrade Database Railway, tram equipment: $53.3 million 3. (Source: IMF). Statistics from the Azerbaijan State Customs Committee show that exports from Azerbaijan to Israel in 2018 was valued at US$ 1.3 billion. Azerbaijans exports are dominated by oil and natural gas, which account for around 95 percent of total export revenues. Advanced users can use our Python/R/Matlab packages. Goods imported into Azerbaijan for processing and later re-exported are subject to normal duties and taxes at the time of importation.
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