№ 2/2018. Market Conditions. Azerbaijan

Brief issue content



Azerbaijan's GDP in 2016 amounted to $37.85 billion. Industry dominates in the GDP structure against a low share of service sector and agriculture. Industry basis is the petrochemical complex. Azerbaijan has a developed transport system and borders on the territories of Georgia, Russia, Iran and Turkey overland.


General information about Azerbaijan, its natural conditions and resources, population, economy.






The total import volume of this country in 2016 amounted to $8.5 billion. For the period 2012 — 2016 Azerbaijan slightly reduced the volume of imported products by 8% in terms of value.


Market overview: the main positions of import in Azerbaijan, geography of deliveries, review of Belarus' exports to Azerbaijan.







«The fact that Belarus became the first country in which the Trading house of Azerbaijan was opened, represents the high level of relations between our countries. Moreover, the relations between Belarus and Azerbaijan are an example of interstate relations. We are not only strategic partners, but also fraternal countries that support each other in all directions».


Latif Gandilov, Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan in the Republic of Belarus on Belarusian goods popular in Azerbaijan, new investment projects and the first foreign Trading House of Azerbaijan in Minsk.





«Today, generally thanks to the joint efforts of the embassy and supplier organizations in Azerbaijan, we have managed to create a positive image of products manufactured under the brand «Made in Belarus» as reliable and high-quality goods which meet high standards».


About the success of joint projects, the advantages of the North-South transport corridor and the nuances of doing business in Azerbaijan — in an interview with Gennady Akhramovich, the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Republic of Azerbaijan.





«Over the 10-year period of close cooperation with Belarusian partners, our engineers and the working team mastered the assembly production of 10 models of tractors (including road-building and municipal vehicles) and 20 models of MAZ cars».


Khanlar Fatiev, the Chairman of the Supervisory Board of the Ganja Automobile Plant — about the company's export plans and the creation of new assembly plants.





«Eastern people are open-hearted, decent and hospitable. For them visual contact is preferred while negotiating. Azerbaijanis honor and dignity are not empty words, but rather life principles. Therefore, they simply will not deal with unreliable partners».


Representatives of Belarusian enterprises — about working in the Azerbaijani market.





About the forms of investment on the territory of Azerbaijan, labor legislation, taxation, the judicial system and other legal aspects important for foreign investors in the material prepared by GRATA Law Firm, a member of the GRATA International Group.


Legal features of doing business in Azerbaijan.





The National Center for Marketing and Price Study will organize the National Exposition of the Republic of Belarus at the First China International Exhibition of Imports and Services «China International Import Expo» (Import EXPO), which will be held from 5 to 10 November 2018 in Shanghai and will be a large-scale event where all countries of the world take place.


About holding the National Exposition of the Republic of Belarus at the First Chinese International Exhibition of Imported Goods and Services «China International Import Expo».



These and other materials can be found in the latest issue of the «Market Conditions» magazine, devoted to the Azerbaijani market.

For using the materials of the issue an active hyperlink to the source is required.

You can purchase a print and / or electronic version by contacting the editorial and publishing department of the National Center for Marketing and Price Study.

Contact: Tatyana Bulanova,

tel. +375 17 203 67 98, e-mail: bulanova@icetrade.by