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Azerbaijan

Azerbaijan ranked No. 144 in total trade value through August with a total of $150.84 million. Exports totaled $133.79 million and Imports totaled $17.05 million, a surplus of $116.74 million.

U.S. trade with Azerbaijan rose to $150.84 million through August

Azerbaijan’s trade with the United States rose to $150.84 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 78.62 percent below its total trade during the same time period last year. U.S. exports to Azerbaijan decreased 48.6 percent while U.S. imports from Azerbaijan fell 96.17 percent. The U.S. surplus with Azerbaijan was $116.74 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Chicago O’Hare International Airport; No. 3 John F. Kennedy International Airport; No. 4 Houston’s George Bush Intercontinental Airport, Texas; and No. 5 Dallas-Fort Worth International Airport, Texas. During the same period the previous year, the top five were No. 1 Port of Corpus Christi, Texas No. 2 Port of Wilmington, Dela. No. 3 San Jose International Airport, Calif. No. 4 Port of Houston and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 82.84 percent of Azerbaijan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 22.73 percent to $49.41 million.
    Exports rose 3.76 percent to $49.05 million. Imports fell 97.88 percent to $354,168.
  • Trade with No. 2 Chicago O’Hare International Airport fell 14.42 percent to $36.44 million.
    Exports fell 22.36 percent to $32.57 million. Imports rose 522.72 percent to $3.86 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 3.94 percent to $20.78 million.
    Exports fell 0.99 percent to $17.16 million. Imports rose 36.07 percent to $3.62 million.
  • Trade with No. 4 Houston’s George Bush Intercontinental Airport, Texas fell 0.19 percent to $14.4 million.
    Exports rose 0.47 percent to $13.69 million. Imports fell 11.52 percent to $710,224.
  • Trade with No. 5 Dallas-Fort Worth International Airport, Texas fell 7.23 percent to $3.94 million.
    Exports fell 14.09 percent to $2.99 million. Imports rose 23.85 percent to $950,230.

Azerbaijan ranked No. 144 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 98.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Azerbaijan by value through August were the categories of Internal combustion engines; Navigational equipment; Parts for heavy machinery; Civilian aircraft, parts; and Binders for found molds; chemical products, respectively. They accounted for 41.83 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 Fruit and vegetable juices, not fortified –– accounted for 87.54 percent of all inbound shipments.

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

  • Internal combustion engines totaled $16.95 million. The previous year, there were no exports in this category.
  • Navigational equipment rose 7827.14 percent compared to last year to $13.71 million.
  • Parts for heavy machinery fell 7.97 percent compared to last year to $10.37 million.
  • Civilian aircraft, parts fell 71.55 percent compared to last year to $7.68 million.
  • Binders for found molds; chemical products rose 291.55 percent compared to last year to $7.26 million.

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

  • Value added to a returned import rose 76.03 percent compared to last year to $10.6 million.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 6.04 percent compared to last year to $1.86 million.
  • Electric ignition equipment totaled $1.51 million. The previous year, there were no imports in this category.
  • Electric motors, generators, not sets totaled $537,266. The previous year, there were no imports in this category.
  • Fruit and vegetable juices, not fortified rose 63.91 percent compared to last year to $419,065.

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.