BAKU, Azerbaijan, June 2
By Nargiz Ismayilova – Trend:
SOCAR Polymer LLC, the subsidiary of the State Oil Company of Azerbaijan (SOCAR), by exporting products worth $41.5 million, has become the largest exporter of Azerbaijani non-oil products among private companies, Trend reports citing the Export Review of the Center for Analysis of Economic Reforms and Communication (CAERC).
According to the Export Review, 10 private companies in the country’s non-oil sector carried out exports worth $141 million over the reporting period, which is 27.1 percent more compared to the same period of 2019.
The top 10 private companies in terms of export of non-oil products from Jan. through Apr. 2020 ranked as below:
Companies |
Volume of export from Jan. through Apr. 2020 |
Volume of export from Jan. through Apr. 2019 |
SOCAR Polymer LLC |
41.5 million ($24.4 million) |
30.3 million ($17.8 million) |
International Mining Company (representative office in Azerbaijan) |
28.6 million ($16.8 million) |
28.7 million ($16.8 million) |
Istehsalat Kommersiya LLC |
26.6 million ($15.6 million) |
37.5 million ($22 million) |
Land Logistics LLC |
17.5 million ($10.2 million) |
0 |
SUN FOOD LLC |
12 million ($7 million) |
10.2 million ($6 million) |
STDC LLC |
11.2 million ($6.5 million) |
0 |
AQROVEST LLC |
10 million ($5.8 million) |
9.5 million ($5.5 million) |
Natural Fruit LLC |
9.7 million ($5.7 million) |
0 |
Baku Steel Company LLC |
8.6 million ($5 million) |
9.5 million ($5.5 million) |
P-AQRO LLC |
8.2 million ($4.8 million) |
11.1 million ($6.5 million) |
(1 USD = 1.7 manat on June 2)
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