Improving Transnational Transport Corridors
In the OIC Member Countries: Concepts and Cases
79
Table 13: International trade of Azerbaijan in weight and value (2016)
Commodities Export Commodities Import
Quantity,
kton
Value,
MUSD
Quantity,
kton
Value,
MUSD
Crude oil 20,901 6,504 Products 1,322
Oil products 1,541 409 Meat 33 38
Natural gas 6,754 970 Milk 5 8
Electric products 646 28 Butter 14 48
Fruits & vegetables 378 372 Fruits 317 135
Tea 1 6 Tea 13 44
Vegetable oil 16 17 Wheat 1,600 295
Sugar 108 62 Vegetable oil 154 144
Alcohol 18 Sugar 365 152
Chemical products 276 55 Tobacco 153
Plastics 1,445 98 Cement 376 18
Cotton 9 18 Pharmaceutics 10 196
Metals 223 96 Plastic 152 281
Aluminum 66 98 Textiles 189
Others 386 Metals 853 1,118
Electric products 2,013
Vehicles 152 813
Furniture 111
Others 2,314
Total 32,364 9,137 Total 4,044 9,392
Source: TRACECA.
The TRACECA member states can be divided in three groups: 1) west and north of the Black
Sea, 2) south of and between the Black Sea and Caspian Sea, and 3) east of the Caspian Sea.
Openness Index is an economic metric calculated as the ratio of country’s total trade (the sum
of exports plus imports) to the country’s GDP. The higher the index the larger the influence of
trade on domestic activities. It is a measure of the extent the which the economy trades with
the outside world and that is important for an assessment of the relevance of an international
transport corridor. The trade openness of the member states, defined as being the value of
trade compared to GDP, differs between the three groups with a tendency of successively
decreasing openness towards the east. Outliers are Azerbaijan in group 2 with comparatively
low openness, Tajikistan with a rather high and the Kyrgyz Republic with a very high openness
compared to the rest of group 3 as visible from In this table, Turkmenistan is
included for better comparison even though it is not member of TRACECA.