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Azerbaijan

Azerbaijan ranked No. 146 in total trade value through February with a total of $34.32 million. Exports totaled $28.88 million and Imports totaled $5.44 million, a surplus of $23.44 million.

U.S. trade with Azerbaijan rose to $34.32 million through February

Azerbaijan’s trade with the United States rose to $34.32 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 77.39 percent below its total trade during the same time period last year. Azerbaijan’s exports decreased 11.84 percent while imports fell 95.43 percent. The U.S. surplus with Azerbaijan was $23.44 million.

Through February, 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 John F. Kennedy International Airport; No. 4 Houston’s George Bush Intercontinental Airport, Texas; and No. 5 Los Angeles International Airport. During the same period the previous year, the top five were No. 1 Port of Wilmington, Dela. No. 2 Port of Houston No. 3 Chicago O’Hare International Airport No. 4 John F. Kennedy International Airport and No. 5 Dallas-Fort Worth International Airport, Texas. In the current time period, the top five accounted for 82.92 percent of Azerbaijan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport rose 97.23 percent to $11.83 million.
    Exports rose 97.85 percent to $11.33 million. Imports rose 84.15 percent to $492,424.
  • Trade with No. 2 Port of Houston fell 39.72 percent to $7.49 million.
    Exports fell 40.09 percent to $7.44 million. Imports rose 393.67 percent to $53,040.
  • Trade with No. 3 John F. Kennedy International Airport rose 9.4 percent to $4.39 million.
    Exports fell 20.76 percent to $2.77 million. Imports rose 210.86 percent to $1.63 million.
  • Trade with No. 4 Houston’s George Bush Intercontinental Airport, Texas rose 21.24 percent to $2.96 million.
    Exports rose 28.65 percent to $2.91 million. Imports fell 74.2 percent to $45,361.
  • Trade with No. 5 Los Angeles International Airport rose 647.81 percent to $1.79 million.
    Exports rose 407.6 percent to $843,695. Imports rose 1195.44 percent to $944,418.

Azerbaijan ranked No. 146 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 96.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Azerbaijan by value through February were the categories of Navigational equipment; Centrifuges, filters, machines and parts; Binders for found molds; chemical products; Miscellaneous machines, parts; and Parts for heavy machinery, respectively. They accounted for 49.32 percent of total exports to Azerbaijan.

The value of the top five categories of U.S. imports from Azerbaijan –– Value added to a returned import; Aluminum plates, sheets, strip more than 0.2mm thi; Electric ignition equipment; Electric motors, generators, not sets; and Air conditioning machines –– accounted for 92.77 percent of all inbound shipments.

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

  • Navigational equipment totaled $6.34 million. The previous year, there were no exports in this category.
  • Centrifuges, filters, machines and parts rose 59.92 percent compared to last year to $2.6 million.
  • Binders for found molds; chemical products rose 422.87 percent compared to last year to $2.4 million.
  • Miscellaneous machines, parts fell 73.39 percent compared to last year to $1.46 million.
  • Parts for heavy machinery fell 61.64 percent compared to last year to $1.44 million.

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

  • Value added to a returned import rose 30.85 percent compared to last year to $3.39 million.
  • Aluminum plates, sheets, strip more than 0.2mm thi totaled $692,557. The previous year, there were no imports in this category.
  • Electric ignition equipment totaled $502,380. The previous year, there were no imports in this category.
  • Electric motors, generators, not sets totaled $319,477. The previous year, there were no imports in this category.
  • Air conditioning machines totaled $143,654. The previous year, there were no imports in this category.

In the latest annual figures available, Azerbaijan recorded $566.29 million in trade with the United States. At year’s end, its were Houston; Seattle; New York City; Chicago; and New Orleans. Total U.S. exports to Azerbaijan were $ 354.48 million and imports from Azerbaijan were $211.81 million. The U.S. surplus with Azerbaijan was $142.67 million.