On February 1-2, 2016, Azerbaijan-Indonesia Energy Forum was held in Baku.
Trade turnover (in million U.S. dollars)
|
Years |
Trade turnover |
Export |
Import |
|
2008 |
1416.68 |
1411.08 |
5.59 |
|
2009 |
664.49 |
660.65 |
3.84 |
|
2010 |
788.53 |
782.16 |
6.37 |
|
2011 |
926.34 |
913.15 |
13.19 |
|
2012 |
1794.59 |
1757.31 |
37.27 |
|
2013 |
2800.6 |
2771.82 |
28.78 |
|
2014 |
2045.07 |
2012.32 |
32.75 |
|
2015 |
497.73 |
477.82 |
19.91 |
|
2016 |
123.56 |
77.46 |
46.10 |
|
2017 |
514.42 |
465.12 |
49.3 |
|
2018 |
653.31 |
597.51 |
55.80 |
|
2019 |
55.826 |
55,460 |
366.0 |
|
2020 |
30.796 |
458.5 |
30,337 |
|
2021 2022 2023 (January-September) |
174.000 844.1 254.7 |
169.000 3.6 4.1 |
5.000 840.5 250.6
|
Imports to Azerbaijan from Indonesia: crude palm oil and its fractions, coconut oil and its fractions, timber, multilayer panels, textile materials
Export from Azerbaijan to Indonesia: crude oil and crude oil products from bituminous minerals
Treaty and legal basis
14 documents were signed between the two countries:
Main agreements related to the economic sphere
- Agreement on Economic and Technical Cooperation between the Government of the Republic of Azerbaijan and the Government of the Republic of Indonesia (May 19, 2008, Baku).
- Memorandum of Understanding on cooperation between the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan and the Ministry of Administrative and Bureaucratic Reforms of the Republic of Indonesia on provision of progressive state services (July, 2017, Jakarta).
“Memorandum of Understanding between the Ministry of Energy of the Republic of Azerbaijan and the Ministry of Energy and Mineral Resources of the Republic of Indonesia on cooperation in the field of energy”