Trade
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International Trade
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International Trade
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Trade Promotion Programme -
Focus: CIS
|
Back |
Profiles of Countries
in CIS Region
Azerbaijan
KEY ECONOMIC INDICATORS
|
Population
|
July 2007 est.
|
8,120,247
|
|
Annual average growth rate of population
|
2007 est.
|
0.69%
|
|
Literacy
|
Yr. 1999
|
98.80%
|
|
Annual rate of inflation
|
2006 est.
|
8%
|
|
GDP
|
2006 est.
|
US$14.25 billion
|
|
GDP growth rate
|
2006 est.
|
34.5%
|
|
GDP composition by sector
|
2002 est.
|
|
|
Agriculture
|
|
14.10%
|
|
Industry
|
|
45.70%
|
|
Services
|
|
40.20%
|
|
GDP (per capita) on purchasing power
parity
|
2006 est.
|
US$7,500
|
|
Currency
|
Azerbaijani Manat
|
|
Conversion rate (Azerbaijani Manat per
USD)
|
Yr. 2006
|
0.8934
|
|
Growth rate of various sectors
|
|
N.A
|
|
Total export
|
Yr. 2006
|
US $
6372.16 million
|
|
Total import
|
Yr. 2006
|
US$ 5267.64 million
|
|
Current Account Convertibility
|
|
full
|
|
Trade Route
|
|
By sea to Bandar Abbas (Iran) & by
Surface to Azerbaijan
|
INDIA'S BILATERAL TRADE WITH AZERBAIJAN
Value in million USD
| Year
|
2001
-2002
|
2002-2003
|
2003-2004
|
2004-2005
|
2005-2006
|
2006-2007
(Provisional Figures)
|
|
EXPORTS
|
|
India's Total Export
|
43,826.73
|
52,719.43
|
63,842.97
|
83,535.94
|
103,090.54
|
126,331.10
|
|
Exports to Azerbaijan
|
10.68
|
8.64
|
12.28
|
30.79
|
28.81
|
24.3
|
|
%age Growth
|
|
-19.11
|
42.15
|
150.81
|
-6.46
|
-15.65
|
|
%age Growth in India's Exports
|
|
20.29
|
21.1
|
30.85
|
23.41
|
22.54
|
|
%age Share in Total Exports
|
0.02
|
0.02
|
0.02
|
0.04
|
0.03
|
0.02
|
|
IMPORTS
|
|
India's Total Import
|
51,413.29
|
61,412.13
|
78,149.61
|
111,517.44
|
149,165.73
|
190,566.00
|
|
Imports from Azerbaijan
|
0.22
|
1.73
|
3.02
|
7.71
|
5.86
|
67.05
|
|
%age Growth
|
|
695.51
|
74.35
|
155.09
|
-23.98
|
1044.2
|
|
%age Growth in India's Imports
|
|
19.45
|
27.25
|
42.7
|
33.76
|
27.72
|
|
%age share in India's Imports
|
0.0004
|
0.003
|
0.004
|
0.01
|
0.004
|
0.04
|
|
TRADE BALANCE
|
|
with Azerbaijan
|
10.46
|
6.9
|
9.25
|
23.08
|
22.94
|
-42.75
|
|
with World
|
-7,586.56 |
-8,693
|
-14,306.65
|
-27,981.49
|
-46,075.19
|
-64,234.90
|
Source
:Directorate General of Commercial Intelligence and Statistics, Govt. of India
COMPARATIVE TREND ANALYSIS OF INDIA'S SHARE AS A SUPPLIER
Value in million USD
|
Year
|
Global
Imports
|
Imports
from India
|
India's
%age Share in Azerbaijan's Total Imports
|
|
1999
|
1035.65
|
2.96
|
0.29
|
|
2000
|
1172.02
|
11.26
|
0.96
|
|
2001
|
1430.87
|
15.09
|
1.05
|
|
2002
|
1665.56
|
19.41
|
1.17
|
|
2003
|
2626.42
|
35.39
|
1.35
|
|
2004
|
3515.85
|
47.01
|
1.34
|
|
2005
|
4211.21
|
55.89
|
1.33
|
|
2006
|
5267.64
|
57.448
|
1.09
|
TOP 20 PRODUCT GROUPS OF GLOBAL IMPORTS OF AZERBAIJAN (YR. 2006)
Value in million USD
| HS
Code
|
Description |
Global
Import Value
|
%
age Share of the Product Group in
Azerbaijan's Total
Imports
|
Value
of Imports from India
|
India's
%age Share
|
%age
Share of Intra-CIS
Imports
|
Top
3 Suppliers
|
%age
Share
|
| 84 |
Nuclear
reactors, boilers, machinery, etc |
1,122.51 |
21.31 |
0.98 |
0.09 |
9.29 |
UK |
22.78 |
| Finland |
12.85 |
| Germany |
8.61 |
| 27 |
Mineral
fuels, oils, distillation products, etc |
612.86 |
1.63 |
0 |
0 |
91.63 |
Russia |
64.25 |
| Turkmenistan |
14.61 |
| Kazakhstan |
8.82 |
| 85 |
Electrical,
electronic equipment |
424.80 |
8.06 |
1.07 |
0.25 |
14.24 |
Germany |
13.47 |
| Sweden |
12.80 |
| UK |
12.68 |
| 73 |
Articles
of iron or steel
|
423.95 |
8.05 |
0.75 |
0.18 |
18.11 |
Japan |
24.68 |
| UK |
16.18 |
| Ukraine |
10.45 |
| 87 |
Vehicles
other than railway, tramway |
406.53 |
7.72 |
0.02 |
0.01 |
38.95 |
Russia |
34.54 |
| Germany |
21.97 |
| Japan |
10.82 |
| 89 |
Ships,
boats and other floating structures |
383.92 |
7.29 |
0 |
0 |
89.21 |
Turkmenistan |
68.81 |
| Russia |
20.39 |
| Romania |
9.12 |
| 10 |
Cereals |
152.76 |
2.90 |
0.05 |
0.03 |
97.53 |
Russia |
61.52 |
| Kazakhstan |
34.81 |
| Thailand |
1.33 |
| 90 |
Optical,
photo, technical, medical, etc apparatus |
13.45 |
2.15 |
0.14 |
0.12 |
15.12 |
Germany |
15.11 |
| UK |
14.94 |
| China |
12.38 |
| 72 |
Iron
and steel |
100.69 |
1.91 |
0.04 |
0.04 |
75.51 |
Ukraine |
46.15 |
| Russia |
19.08 |
| Germany |
10.47 |
| 24 |
Tobacco
and manufactured tobacco substitutes |
92.45 |
1.76 |
0.23 |
0.25 |
43.55 |
Germany |
48.05 |
| Russia |
42.94 |
| South
Africa |
3.82 |
| 25 |
Salt,
sulphur, earth, stone, plaster, lime and
cement |
90.59 |
1.72 |
0 |
0 |
84.47 |
Russia |
34.43 |
| Georgia |
33.60 |
| Ukraine |
12.00 |
| 39 |
Plastics
and articles thereof |
87.56 |
1.66 |
0.05 |
0.06 |
25.58 |
Turkmenistan |
15.89 |
| Turkey |
15.57 |
| S.
Korea |
15.24 |
| 17 |
Sugars
and sugar confectionery |
83.19 |
1.58 |
0 |
0 |
15.3 |
Brazil |
81.63 |
| Ukraine |
7.39 |
| Russia |
6.79 |
| 26 |
Ores,
slag and ash |
76.31 |
1.45 |
34.95 |
45.80 |
0.24 |
Guinea |
52.98 |
| India |
45.80 |
| Australia |
0.46 |
| 88 |
Aircraft,
spacecraft and parts thereof |
68.81 |
1.31 |
0 |
0 |
93.9 |
Ukraine |
82.71 |
| Russia |
1.19 |
| USA |
2.69 |
| 38 |
Miscellaneous
chemical products |
53.20 |
1.01 |
0.35 |
0.65 |
21.55 |
USA |
24.60 |
| Russia |
19.89 |
| Turkey |
13.52 |
| 44 |
Wood
and articles of wood, wood charcoal |
52.98 |
1.01 |
0.05 |
0.09 |
78.98 |
Russia |
70.15 |
| Turkey |
10.54 |
| Belarus |
4.43 |
| 30 |
Pharmaceutical
products |
48.29 |
0.92 |
6.81 |
14.11 |
19.38 |
India |
14.11 |
| Russia |
1.95 |
| Switzerland |
9.63 |
| 40 |
Rubber
and articles therefof |
46.93 |
0.89 |
0.04 |
0.07 |
30.11 |
Russia |
26.48 |
| UK |
23.43 |
| China |
20.22 |
TOP PRODUCT GROUPS OF COUNTRY'S EXPORTS TO INDIA (YR.2006)
Value in million USD
|
HS
Code
|
Description |
Global
Exports |
Exports
to India |
India's
%age Share in Total Exports of
the Country |
| 76 |
Aluminum
and articles thereof |
71.322 |
1.000 |
1.40 |
TOP 20 PRODUCT GROUPS OF INDIA'S EXPORTS TO AZERBAIJAN (YR. 2006)
Value in million USD
| HS
Code
|
Description
|
India's
Global Exports
|
India's
Exports to Azerbaijan
|
Azerbaijan's
%age share in India's Exports of the Item
|
Rank
of the Product Group in Top 20 of
Azerbaijan's Global Imports
|
| 02
|
Meat
|
696.03
|
10.306
|
1.48
|
|
| 30
|
Pharmaceutical
Products
|
3000.65
|
7.520
|
0.25
|
19
|
| 61
|
Knit
Apparel
|
3524.50
|
2.734
|
0.08
|
|
| 62
|
Woven
Apparel
|
5423.94
|
1.265
|
0.02
|
|
| 84
|
Machinery
|
4979.45
|
0.882
|
0.02
|
1
|
| 85
|
Electrical
Machinery
|
3757.62
|
0.502
|
0.01
|
3
|
| 48
|
Paper,
Paperboard
|
435.57
|
0.361
|
0.08
|
|
| 24
|
Tobacco
|
365.51
|
0.332
|
0.09
|
10
|
| 73
|
Iron/Steel
Products
|
3240.16
|
0.331
|
0.01
|
4
|
| 42
|
Leather
Art; Saddllery; Bags
|
1213.10
|
0.261
|
0.02
|
|
| 29
|
Organic
Chemicals
|
5792.06
|
0.212
|
0.004
|
|
| 38
|
Misc.
Chemical Products
|
1102.82
|
0.199
|
0.02
|
17
|
| 87
|
Vehicles,
Not Railway
|
3665.69
|
0.117
|
0.003
|
5
|
| 09
|
Spices,
Coffee And Tea
|
1125.93
|
0.113
|
0.01
|
|
| 90
|
Optic,
Not 8544; Med Instruments, etc.
|
789.22
|
0.090
|
0.01
|
8
|
| 33
|
Perfumery,
Cosmetic, etc
|
531.29
|
0.076
|
0.01
|
|
| 63
|
Miscellaneous
Textile Articles
|
2343.43
|
0.045
|
0.002
|
|
| 32
|
Tanning,
Dye, Paint, Putty
|
973.73
|
0.044
|
0.005
|
|
| 99
|
Misc.
Special Imp. Provisions
|
1116.29
|
0.043
|
0.004
|
|
| 64
|
Footwear
|
1177.66
|
0.041
|
0.004
|
|
Detailed
Analysis (at 4 digit HS Code Level) for top 4
Product Groups of India's Exports to Azerbaijan:
Global Imports, Imports from India, Intra-CIS
Imports, Potential Trade & Top 3 suppliers
Top 4 Product Groups
namely Meat, Pharmaceutical Products, Knit Apparel
& Woven Apparel constitute 84.9% share in
India's total Exports to Azerbaijan.
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF AZERBAIJAN FOR MEAT & EDIBLE MEAT
OFFAL (HS CODE 02) YEAR 2006
Value in million USD
| S
Code
|
Description
|
Global
Import Value
|
%
age share of the item in Country's Imports
of the Product Group
|
Value
of Imports from India
|
India's
Global Exports
|
Value
of Intra-CIS Imports
|
Potential
Trade for India
|
Top
3 Supp--liers
|
%age
share
|
| 0207
|
Meat
& edible
offal of poultry
meat
|
6.15
|
40.10
|
0
|
0.782
|
0
|
0.78
|
Brazil
|
34.94
|
| Turkey
|
34.60
|
| USA
|
23.17
|
| 0202
|
Meat
of bovine
animals, frozen
|
4.71
|
30.68
|
4.029
|
655.603
|
0
|
0.68
|
India
|
85.61
|
| Paraguay
|
4.74
|
| Australia
|
3.99 |
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF AZERBAIJAN FOR
PHARMACEUTICALS (HS CODE 30) YEAR 2006
Value in million USD
| HS
Code
|
Description
|
Global
Import
Value
|
%
age
share of
the item in
Country's
Imports
of the
Product
Group
|
Value
of
Imports
from
India
|
India's
Global
Exports
|
Value
of
Intra-
CIS
Imports
|
Potential
Trade
for
India
|
Top
3
Suppliers
|
%age
share
|
| 3004
|
Medicament
mixtures
(not 3002,
3005, 3006),
put in
dosage
|
41.70
|
86.37
|
6.362
|
2458.588
|
5.243
|
35.34
|
India
|
15.26
|
| Switzerland
|
1.04
|
| USA
|
10.46
|
| 3002
|
Human
&
animal blood; antisera,
vaccines,
toxins,
microorganism
cultures
|
5.04
|
10.44
|
0.407
|
172.576
|
3.91
|
4.63
|
Russia
|
46.90
|
| Georgia
|
21.92
|
| Ukraine
|
8.85 |
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF AZERBAIJAN FOR KNIT APPAREL (HS CODE
61) YEAR 2006
Value in million USD
| HS
Code
|
Description
|
Global
Import
Value
|
%
age
share of
the item in
Country's
Imports
of the
Product
Group
|
Value
of
Imports
from
India
|
India's
Global
Exports
|
Value
of
Intra-
CIS
Imports
|
Potential
Trade
for
India
|
Top
3
Suppliers
|
%age
share
|
| 6115
|
Panty
hose, tights,
stockings
& other
hosiery,
knitted or
crocheted
|
0.912
|
33.0914
|
0
|
37.552
|
0.001
|
0.912
|
China
|
55.04
|
| Iran
|
33.55
|
| Switzerland
|
5.26
|
| 6114
|
Garments,
knitted
a
crocheted,
nes
|
0.332
|
12.0464
|
0.012
|
56.8501
|
0
|
0.32
|
Turkey
|
78.61
|
| Singapore
|
9.34
|
| India
|
3.61
|
TOP 4 DIGIT ITEMS OF GLOBAL IMPORTS OF AZERBAIJAN FOR WOVEN APPAREL (HS CODE
62) YEAR 2006
Value in million USD
| HS
Code
|
Description
|
Global
Import Value
|
%
age share of the item in Country's Imports of the Product Group
|
Value
of Imports from India
|
India's
Global Exports
|
Value
of Intra-CIS Imports
|
Potential
Trade for India
|
Top
3 Suppliers
|
%age
share
|
| 6204
|
Women's
suits, jackets, dresses skirts etc & shorts
|
4.37
|
18.33
|
0.06
|
1836.63
|
0.08
|
4.31
|
China
|
77.22
|
| UAE
|
8.52
|
| Italy
|
3.53
|
| 6210
|
Garment
made up of fabric of heading no 56.02,
56.03,59.03, 59.06/59.07
|
3.93
|
16.50
|
0.001
|
27.39
|
0.04
|
3.93
|
China
|
74.57
|
| USA
|
23.06
|
| Russia
|
0.97
|
TRADE FAIRS & EXHIBITIONS TO BE HELD IN AZERBAIJAN
| City/Location
|
Event
Name & Details
|
Date
|
| Baku
|
BAKU
BUILD
|
24.10
- 27.10 2007
|
| Sport
& Exhibition Complex (Heydar Aliyev)
|
Azerbaijan
International Building, Interiors, Heating & Ventilation
Exhibition
|
|
| -
Do -
|
BAKUMEBEL
Azerbaijan International Furniture/
Interiors/Design Exhibition
|
31.10
- 03.11 2007
|
| -
Do -
|
CEM
AZERBAIJAN
Azerbaijan International Consumer
Electronics Exhibition
|
31.10
- 03.11 2007
|
| -
Do -
|
BEAUTY
AZERBAIJAN
Azerbaijan International Beauty and
Health Exhibition
|
06.11
- 09.11 2007
|
| Sport
& Exhibition Complex (Heydar Aliyev)
|
Baku
International Healthcare Exhibition BAKUTEL
|
14.11
- 17.11 2007
|
| -
Do -
|
Azerbaijan
International Telecommunication and Information Technologies
Exhibition
|
|
| Baku
Grand Europe Exhibition and
Conference Center
|
MODA
AZERBAIJAN
Azerbaijan International Fashion and
Accessories Exhibition
|
Mar-08
|
| -
Do -
|
AUTOSHOW
AZERBAIJAN Azerbaijan International Auto Show
|
Mar-08
|
| -
Do -
|
AITF
International Travel & Tourism Fair
|
Apr-08
|
| -
Do -
|
CAUCASUS
BANKING & FINANCE SUMMIT
Caucasus International Banking and
Finance Conference and Showcase
|
May-08
|
| -
Do -
|
TRANSCASPIAN
Azerbaijan International Exhibition
on Transport & Logistics
|
May-08
|
| -
Do -
|
INTERFOOD
AZERBAJIAN
Event for the Food and Drink Industry
& Food Packaging
|
May-08
|
Useful Websites
| www.ibar.az
|
International
bank of Azerbaijan - Website of a major
Azerbaijani bank involved in foreign trade
and investment
|
| http://gateway.az
|
Azerbaijan
Developmental Gateway
|
KEY CONTACTS
Mr. B. R. Muthu Kumar
Ambassador
Embassy of India
31/39, Oktay Karimov Street
Ganjlik, Narimanov District
Baku 370 069
Telephone: 00-994-12-4474186
Fax: 00-994-12-4472572
E-mail: eibaku@adanet.az
Dr. Tamerlan
E.Karayev
Ambassador Extraordinary &
Plenipotentiary
Embassy of Republic of Azerbaijan
E-70, Vasant Marg, Vasant Vihar
New Delhi-110057
Telephone:91-11-26152228
Fax :91-11-26152227
E-mail:
azembassy@airtelbroadband.in
|
| |
|
