Azeri-Russian trade up 52%
In January-September 2008, trade turnover between
Azerbaijan and Russia increased 52.6% to last year`s to reach
$1.698 billion, according to Yuriy Shchedrin, the head of Russia`s
trade delegation in Azerbaijan. Shchedrin announced the figures at
a news conference reviewing the year`s nine-month totals from
bilateral trade and economic cooperation.
He said 90% of Russia`s exports to Azerbaijan were made up of construction hardware, cars, chemical industry goods, metal, forest and construction materials, including daily consumer goods and agricultural products.
Shchedrin noted that the volume of grain and flour imported from Russia had substantially increased. "In the first nine months of this year, a total of 325,700 tons of grains ($90.6 million) and 47,200 tons of flour products ($23.5 million) were imported from Russia."
The volume of electric energy exported from Russia to Azerbaijan was 159.7 million kilowatt/hours, while 289.1 million kilowatt/hours were transported in the direction of Russia.
Further, the Russian official said 1.031 million tons of oil were delivered through the Baku-Novorossiysk northern oil pipeline from January through September. Emphasizing that Russia was the largest buyer of Azerbaijani goods, Shchedrin said the volume of Azerbaijani exports to Russia in the nine month period had risen 40% to $267.1 million. The majority of goods exported to Russia included butter, cooking oils, sugar, nuts, tea, animal feed, juices, fruit and vegetables, cotton and cotton products, brandy, wines and garments. Additionally, the exports of oil coke from Azerbaijan surged 33% to reach 64,800 tons ($3.9 million).
He said 90% of Russia`s exports to Azerbaijan were made up of construction hardware, cars, chemical industry goods, metal, forest and construction materials, including daily consumer goods and agricultural products.
Shchedrin noted that the volume of grain and flour imported from Russia had substantially increased. "In the first nine months of this year, a total of 325,700 tons of grains ($90.6 million) and 47,200 tons of flour products ($23.5 million) were imported from Russia."
The volume of electric energy exported from Russia to Azerbaijan was 159.7 million kilowatt/hours, while 289.1 million kilowatt/hours were transported in the direction of Russia.
Further, the Russian official said 1.031 million tons of oil were delivered through the Baku-Novorossiysk northern oil pipeline from January through September. Emphasizing that Russia was the largest buyer of Azerbaijani goods, Shchedrin said the volume of Azerbaijani exports to Russia in the nine month period had risen 40% to $267.1 million. The majority of goods exported to Russia included butter, cooking oils, sugar, nuts, tea, animal feed, juices, fruit and vegetables, cotton and cotton products, brandy, wines and garments. Additionally, the exports of oil coke from Azerbaijan surged 33% to reach 64,800 tons ($3.9 million).
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