China (Azerbaijan) Created Fair

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China (Azerbaijan) Created Fair  will be grandly opened from September 23 to 25, 2020. We expect to attract more than 450 companies (including no less than 100 Chinese companies), and plan to attract professional buyers and visitors. 12,000+ person times. Expanding the market share of Chinese goods in the local market, helping Chinese companies to better take root in the Azerbaijan market!

The Republic of Azerbaijan is located in the eastern part of the South Caucasus at the junction of Eurasia, in the Eastern Caspian Sea, south to Iran and Turkey, north to Russia, west to Georgia and Armenia.
Azerbaijan, located at the junction of Eurasia, has a stable political situation and relies on energy for its economic development. The Afghan government pays attention to economic restructuring and emphasizes the development of the non-oil and gas economy in the economy. The government supports the development of non-oil and gas economy. The domestic modernization of light and heavy industries is accelerating and increasing import and export trade. According to Azerbaijan Customs statistics, in the first half of 2019, the total foreign trade volume of Azerbaijan was 16.795 billion US dollars. Among them, the import value was US$7.016 billion, a year-on-year increase of 41.28%. The surplus was $2.963 billion. Because Azerbaijan’s machine manufacturing and light industry are relatively backward. Most of the consumer goods on the basis of imports, according to data released by the Azerbaijan Customs Committee on February 18, in January 2019, the trade volume between China and Argentina was 90.25 million US dollars, accounting for 3.92% of the total foreign trade, compared with the same period in 2018. The trade volume between China and Afghanistan increased by 20.62 million U.S. dollars, and Azihua’s import volume was 87.84 million U.S. dollars. The main imported products were organic machinery and electrical equipment, automobiles, building materials, clothing, consumer electronics and food.
Azerbaijan is one of the first countries to support the ‘One Belt, One Road’ initiative. It is also involved in new opportunities in various industries. The ‘One Belt, One Road’ initiative is very important, not only for Azerbaijan in the development of non-energy economy. New possibilities will also bring new opportunities for developing countries to develop their own economies and conduct business cooperation. China has become the sixth largest trading partner and the third largest source of imports, second only to Russia and Turkey.
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