Structure of Imports Not Changed

Although import growth (+ 16.6%) during the 7 months of this year, its structure by commodity has not changed. This suggests that the needs of the economy and the consumer market remained stagnant, while import replacing the production of products not yet established.

The share of investment goods (machinery, appliances and equipment) accounted for over a quarter of imports. In the seven months of this year, imports of goods of this nomenclature were $ 1,583 million, up 8% over the comparable period in 2012.

12.2% increased imports of vehicles, which is mainly due to the supply in the country of new civil aircraft. The share of vehicles and their spare parts in the structure of imports in January-July 2013 with a rate of about $ 0.9 billion was 14.5%.

Food imports increased by $ 38 million, and its share in total imports remained approximately at the same level - about 10% ($ 624 million).

This year, by 40% increased wheat supplies to Azerbaijan (excluding flour). The share of wheat and wheat flour imports amounted to 3.5% (in 2012 - 2.7%). Until October of this year, the country has a mode cancellation of VAT on imports of wheat and wheat flour.

Ferrous metals market is still in a state of dependence on imports. Since the beginning of the volume of imported steel products amounted to $ 763 million. That is $ 55 million more than the year before, and $ 105 million - than in January-July 2011. - 08D-