Azerbaijan

Azerbaijan ranked No. 129 in total trade value through June with a total of $120.49 million. Exports totaled $92.44 million and Imports totaled $28.05 million, a surplus of $64.39 million.

U.S. trade with Azerbaijan rose to $120.49 million through June

Azerbaijan’s trade with the United States rose to $120.49 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 12.46 percent above its total trade during the same time period last year. U.S. exports to Azerbaijan decreased 1.01 percent while U.S. imports from Azerbaijan rose 103.86 percent. The U.S. surplus with Azerbaijan was $64.39 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Houston; No. 3 Pal-Waukee Municipal Airport, Ill.; No. 4 John F. Kennedy International Airport; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port of Houston; No. 2 Chicago O’Hare International Airport; No. 3 John F. Kennedy International Airport; No. 4 Houston Int’l Airport and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 78.3 percent of Azerbaijan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 57.31 percent to $39.39 million.
    Exports rose 31.45 percent to $28.5 million. Imports rose 224.23 percent to $10.89 million.
  • Trade with No. 2 Port of Houston fell 18.53 percent to $31.04 million.
    Exports fell 30.14 percent to $26.56 million. Imports rose 5330.35 percent to $4.48 million.
  • Trade with No. 3 Pal-Waukee Municipal Airport, Ill. rose 1666.32 percent to $8.71 million.
    Exports rose 1666.32 percent to $8.71 million. There were no imports.
  • Trade with No. 4 John F. Kennedy International Airport fell 44.87 percent to $8.58 million.
    Exports fell 32.53 percent to $8.21 million. Imports fell 88.93 percent to $377,225.
  • Trade with No. 5 Port of New Orleans rose 885.01 percent to $6.62 million.
    Exports fell 46.52 percent to $255,395. Imports rose 3172.66 percent to $6.36 million.

Azerbaijan ranked No. 129 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 126.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Azerbaijan by value through June were the categories of Civilian aircraft, parts; Parts for heavy machinery; Miscellaneous machines, parts; Taps, cocks and valves for pipes, tanks; and Internal combustion engines, respectively. They accounted for 44.06 percent of total exports to Azerbaijan.

The value of the top five categories of U.S. imports from Azerbaijan –– Returned exports, without change; Nitrogenous fertilizers; Aluminum plates, sheets, strip more than 0.2mm thi; Electric ignition equipment; and Fruit and vegetable juices, not fortified –– accounted for 94.7 percent of all inbound shipments.

Looking more closely at U.S. exports to Azerbaijan:

  • Civilian aircraft, parts rose 319.09 percent compared to last year to $20.3 million.
  • Parts for heavy machinery rose 40.02 percent compared to last year to $8.71 million.
  • Miscellaneous machines, parts rose 21.73 percent compared to last year to $4.69 million.
  • Taps, cocks and valves for pipes, tanks fell 13.11 percent compared to last year to $3.73 million.
  • Internal combustion engines fell 80.57 percent compared to last year to $3.29 million.

Looking more closely at U.S. imports from Azerbaijan:

  • Returned exports, without change rose 88.41 percent compared to last year to $16.5 million.
  • Nitrogenous fertilizers totaled $6.22 million. The previous year, there were no imports in this category.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 76.34 percent compared to last year to $3.09 million.
  • Electric ignition equipment fell 46.97 percent compared to last year to $532,774.
  • Fruit and vegetable juices, not fortified fell 12.48 percent compared to last year to $229,878.

In the latest annual figures available, Azerbaijan recorded $401.45 million in trade with the United States. Total U.S. exports to Azerbaijan were $ 375.42 million and imports from Azerbaijan were $26.03 million. The U.S. surplus with Azerbaijan was $349.4 million.