The amount of products exported from Azerbaijan last year was announced

Economist: “Export of several regions of Turkey Azerbaijan more than non-oil exports”

38.1 out of Azerbaijan in 2022 billion USA products in the amount of USD were exported.

3 billion of it fell to the non-oil sector.

Center for Analysis and Communication of Economic Reforms informationaccording to 2021, exports in the non-oil sector 10increased by 3 percent.

Azerbaijan As for last year’s non-oil exports, 57.7 percent of chemical industry products, 17.5 percent of ferrous metals and products made from them, 15.4 percent of aluminum and goods made from it, and 35.6 percent of tea exports.

The statistical value of joint export of agricultural and agro-industrial products is 912.4 million USA dollars.

of 2022 january– exported during December fruit-vegetable products covered 93 percent of the group of agricultural products.

The export of agro-industrial products increased by 35.4 percent in 2021.

State Statistics Committee informationit is stated that Azerbaijan during 11 months of last year, non-oilgas 2386.0 million from the export of products dollars earned income.

This is 2021 january– when looking at the months of October, it means an increase of 16.2 percent.

Economist Farid Mehralizadeh says that in 2022, 3 billion dollars Azerbaijan is only 7.8 percent of total exports. This means that in 2022, every 10$92 of $0 oil or gas industry has:

“To understand the level of non-oil exports of Azerbaijan, compare not only with other countries, but also with some regions of Turkey we can So, big cities like Istanbul, Ankara, Izmir are left alone, last year Gaziantep 10.5 billion dollarsManisa exported $5.2 billion, Sakarya $4.93 billion, Denizli $4.7 billion, Hatay $3.56 billion. Azerbaijan Republic of 3 billion dollars. In other words, the export of the mentioned regions of Turkey is more than the non-oil export of Azerbaijan.”

In the report of the SSC, it is stated that customs registered in the authorities, but customs taking into account the statistically evaluated value of exported crude oil and natural gas whose formalization has not been fully completed, the country’s foreign trade turnover in January-October 2022 is 46633.2 million USA dollars.

35045.6 million dollars or 75.2 percent of the trade turnover was the value of exported products, 11587.6 million dollars (24.8 percent) of imported products, resulting in a positive balance of 23458.0 million dollars.

Compared to January-October 2021, foreign trade turnover increased by 68.6 percent in actual prices and 9.3 percent in real terms, including exports by 13.3 percent and imports by 1.7 percent.

In February last year Russia Ukraine to the territory military injected force. After this Europe countries, America, Canada imposed certain sanctions on Russia.

In return Russia Europe The Union has sharply reduced the amount of oil and gas it sells to its countries. The resulting energy prices got up and Europe acute in their countries inflation experienced.

At the same time, energy products whose prices have increased sharply have increased the budget revenues of Azerbaijan. As a result, in the middle of the year, oil-gas added to the estimated price for 2022.

All this led to an increase in the budget revenues of Azerbaijan last year.