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Assessment of Trade Policy in Terms of Export Diversification in Azerbaijan

Author

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  • Sevda S. Q. Imamverdiyeva

    (PhD candidate, The Scientific Research Institute of Economic Reforms under the Ministry of Economic and Industry of the Republic of Azerbaijan,)

  • Elnur V. O. Aliyev

    (PhD candidate, The Scientific Research Institute of Economic Reforms under the Ministry of Economic and Industry of the Republic of Azerbaijan,)

Abstract

We analyze current status of of Azerbaijan export diversification and foreign trade policy in independent years (up from1991). The main focuse is on the tariffs and non-tariff measures of the Republic of Azerbaijan. We analyze foreign trade policy instruments of Azerbaijan one by one and compeare them with similar mechanisms of other countries. Our results show that that the foreign trade policy is very favorable for increasing foreign trade volume, and diversification of non-oil export in Azerbaijan. We find that Azerbaijan’s the maximum import tariffs level is 15%, and simple average is 9.4%. At the same time, until now Azerbaijani Government does not use most non-tariff barriers, including import quantity quotas, export subsidy, damping, anti-dumping etc.

Suggested Citation

  • Sevda S. Q. Imamverdiyeva & Elnur V. O. Aliyev, 2015. "Assessment of Trade Policy in Terms of Export Diversification in Azerbaijan," International Journal of Business and Social Research, LAR Center Press, vol. 5(9), pages 50-64, September.
    • Handle: RePEc:lrc:larijb:v:5:y:2015:i:9:p:50-64
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    References listed on IDEAS

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    1. Christian Volpe Martincus & Sandra Milena Gómez, 2009. "Trade Policy and Export Diversification: What Should Colombia Expect from the FTA with the United States," IDB Publications (Working Papers) 9292, Inter-American Development Bank.
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    Cited by:

    1. Ibrahim Niftiyev & Natavan Namazova, 2020. "Analysis of Cyclicality in the Azerbaijan Economy: Results of the Chi-Square Test," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(2), pages 122-134, June.

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