Improving Transnational Transport Corridors
In the OIC Member Countries: Concepts and Cases
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Figure 28: Intra trade on TRACECA routes T19-T22 and T24
Source: Fimotions (2017), aanalysis on data on World Integrated Trade Solution, World Bank.
Retrieved on June 13th 2017.
Note: the thickness of the line represents the trade volume
At the heart of the studied routes, Azerbaijan is an interesting case and the trade data is
presented in emphasizing the significant importance of the fossil fuel export. The
majority is exported in its raw forms of crude oil and natural gas, accounting to 85% of the
volume and 82% of the value of Azerbaijan’s export, but there is also a rather extensive export
of refined oil products and plastics. Altogether, the petroleum based products account for 95%
of the volume and 87% of the value of the export. The import is more fragmented, but
foodstuffs dominate in volume by 62% but only account for 9% of the value. On the other hand,
metals, electrical and other products, plastics and vehicles account for 59% of the value but
only 29% of the volume.
TURKEY
GEORGIA
AZERBAIJAN
ARMENIA
UZBEKISTAN
TURKMENISTAN
Intra trade
World trade