Sunday, December 27, 2009

For 2009 goods turnover between Ukraine and Azerbaijan can total $800 million

Baku, Fineko/abc.az. The Ukrainian embassy in Azerbaijan forecasts that commodity turnover between the countries will exceed $1 billion next year.

On December 24, the Ukrainian Ambassador to Azerbaijan Boris Klimchuk said that for the first time over 18 years Ukraine achieved monthly sales volume of the goods (for October) to Azerbaijan on level of $57 million.

«For the same October Ukraine bought the goods in Azerbaijan in the total amount of $73.616 million, and the lion’s share among them belongs to oil,” ambassador said.

Ukraine became 4th trading partner for Azerbaijan regarding export to Azerbaijan.

“In accordance with data of Azerbaijani statistics, over 10 months trade turnover made up $474 million, including our export to Azerbaijan - 423 million that makes 93 % versus last year. Fall is not large, less than 10%, and there are many reserves,” ambassador said.

In addition, structure of Ukrainian export to Azerbaijan has changed little.

“Presently, cars, mechanisms, electrotechnics account for 37 % in structure of our export, that is almost $140 million. Last year ferrous, non-ferrous metal and products, made from them were on the first place. Now this position is the second - 88 million (24%).

Reason for it is obvious processes - a number of large construction works has finished objectively in Azerbaijan. Reduction is not such as it would be possible to expect. The trade marks as “Roshen”, “Sandora” , “Nemiroff” and others fixed in the Azerbaijani market. 500 “Slavuta” cars were supplied for needs of the Ministry of Labor and Social Protection and for veterans and invalids,” ambassador said.

Ukrainian union KrAZ also won the tender and supplied more than 100 (+20) cars KrAZ to Azerbaijan.

“Commodity turnover will not exceed 1 billion but it will not be so far. I forecast $800 million over this year. It could exceed a bit. If conjecture remain and we buy the Azerbaijan oil, we will achieve more than $1 billion next year. Assessed valuation of parcel for November totals $70 million,” ambassador said.




Source:abc.az/

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