Trade in goods with USA SITC (Standard International Trade Classification)
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Azerbaijan trade flows with USA by SITC*) product sections during 2022/5 - 2022/9

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2022/5
%
2022/6
%
2022/7
%
2022/8
%
2022/9
%
Export0.0 0.0 0.0 0.0 0.0
Import0.0 0.0 0.0 0.0 0.0
Trade in Goods0.0 0.0 0.0 0.0 0.0

USA's foreign trade with Azerbaijan, exports to Azerbaijan and imports from Azerbaijan in September 2022


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In September Azerbaijan was USA's 119. most important foreign trade partner. Improvement from the previous month was 19 places. Amounting trade to worth of $36 million was 94.6 per cent bigger than in September of the previous year. In September the trade balance with Azerbaijan was $10 million in deficit for United States of America.

The value of imports from Azerbaijan was 364.3 per cent higher than in September of the previous year, thus amounting to $23 million. More than half of the value of imports was in Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar) representing a share of 77.8 per cent. Other major categories of imports were Sitc931 (special transactions and commodities not classified according to kind), 10.0 per cent of imports and Sitc684 (aluminium) 9.9 %.

The value of exports to Azerbaijan declined by 5.4 per cent compared to in September of the previous year, thus amounting to $13 million in September 2022. The largest product groups of exports were: Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.), which represented a share of 19.2 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 14.5 % and Sitc747 (taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves) 6.9 % of the exports.

Significant increase in trade in goods in early 2022

During January-September, trade in goods with Azerbaijan has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-September of the previous year. Growth was as high as 55.4 per cent and the value of the trade increased to $276 million. During January-September the value of imports was $165 million. The export value was $111 million. Compared to the corresponding period in 2021, the value of imports during this period increased by 149.2 %. The largest product group in terms of imports has been Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), worth $68 million. In export the largest value had Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), worth being $16 million. The value of exports during this period decreased by 0.2 %. The trade balance in goods between the two countries between January and September last year had been in surplus when it had a deficit in the corresponding period of the current year. The trade deficit was $53 million.


Table: USA's export to Azerbaijan (AZ) during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
5. Chemicals and related products,n.e.s. 0.2 2.0 0.9 6.8 0.2 1.6 3.5 16.1 0.5 4.0
54. Medicinal and pharmaceutical products 0.0 0.2 00 0.0 0.1 1.0 4.5 0.0 0.1
55. Perfume,cleaning etc.preparations 0.1 0.6 0.1 1.1 0.0 0.3 1.0 4.8 0.2 1.6
59. Chemical materials and products,n.e.s. 0.0 0.1 0.1 1.1 0.1 0.5 0.9 4.4 0.1 1.0
6. Basic manufactures 0.3 3.0 0.8 6.7 1.1 8.3 0.9 4.2 0.5 4.0
69. Manufactures of metals,n.e.s. 0.2 1.8 0.3 2.5 0.7 5.2 0.5 2.2 0.2 1.9
7. Machinery,transport equipment 8.7 82.7 10.0 78.7 10.0 75.5 13.7 63.9 7.7 60.9
71. Power generating machinery and equipment 0.1 1.1 0.2 1.6 0.0 0.4 0.6 2.8 0.4 3.0
72. Machinery for specialized industries 0.6 5.4 2.5 20.0 2.1 16.0 1.2 5.8 0.8 6.0
74. General industrial machinery n.e.s. 3.6 34.5 2.4 19.2 4.9 37.2 7.2 33.4 1.9 15.0
76. Telecommunications and sound recording equipment 0.2 1.7 0.3 2.6 0.2 1.8 0.4 1.7 0.5 4.1
77. Electric machinery,n.e.s.and parts 0.5 5.1 0.7 5.7 0.4 3.0 1.0 4.7 1.5 12.2
78. Road vehicles 1.3 12.6 2.2 17.2 0.3 2.2 1.2 5.8 0.5 3.8
79. Other transport equipment 2.2 21.3 1.4 10.8 1.9 13.9 1.8 8.2 1.8 14.5
8. Miscellaneous manufactured articles 1.2 11.1 0.8 6.6 1.2 8.7 3.0 14.0 3.5 27.3
87. Instruments and apparates n.e.s. 1.0 9.2 0.5 4.1 0.7 5.4 2.4 11.2 2.7 20.9
89. Miscellaneous manufactured articles,n.e.s. 0.2 1.5 0.2 1.8 0.4 2.7 0.5 2.5 0.5 4.0
0-9. All groups combined 10.5 100.0 12.7 100.0 13.3 100.0 21.5 100.0 12.7 100.0

Source: US Census Bureau

Table: Import from Azerbaijan (AZ) to USA during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
3. Mineral fuels etc 00 9.5 50.9 37.3 78.0 00 18.0 77.8
33. Petroleum and products 00 9.5 50.9 37.3 78.0 00 18.0 77.8
5. Chemicals and related products,n.e.s. 25.5 63.4 00 0.1 0.2 00 00
56. Fertilizers,manufactured 25.5 63.4 00 00 00 00
6. Basic manufactures 12.6 31.4 8.3 44.4 5.8 12.1 2.9 81.4 2.4 10.3
68. Non-ferrous metals 12.6 31.3 8.3 44.0 5.8 12.0 2.9 81.3 2.3 9.9
9. Goods not classified elsewhere 1.4 3.6 0.1 0.7 4.0 8.4 0.3 9.0 2.3 10.1
93. Special transactions and commodities not classified 1.4 3.6 0.1 0.5 4.0 8.4 0.3 8.4 2.3 10.0
0-9. All groups combined 40.1 100.0 18.7 100.0 47.9 100.0 3.6 100.0 23.1 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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