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Shri Narendra Modi
Shri Narendra Modi
Prime Minister of India
International Trade
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 -14,306.6 -27,981.5 -46,075.2 -64,234.9

Source : Directorate General of Commercial Intelligence & 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 Imports % 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 confectioneryf 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

D etailed 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

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 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 Supp liers %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

Value in million USD

City/Location Event Name & Details Date
Baku BAKU BUILD 24.10 – 27.10 2007
– 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
Sport & Exhibition Complex (Heydar Aliyev) Baku International Healthcare Exhibition BAKUTEL 14.11 – 17.11 2007
– 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
  • Email: 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
  • Email: azembassy@airtelbroadband.in