BAKU, Azerbaijan, Feb.3
By Sadraddin Aghjayev - Trend:
The value of non-oil products exported by Azerbaijan’s leading state-owned companies in 2021 grew, the Center for Analysis of Economic Reforms and Communications told Trend.
According to the center, this indicator exceeded $1 billion, up by $471.3 million (77 percent) compared to 2020.
Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) ranked first in export operations among state-owned companies involved in the country’s non-oil sector.
Below is a ranking of state-owned companies that entered the TOP-10 in terms of export value for 2021:
Companies |
Value of export (2021) |
Value of export (2020) |
SOCAR Marketing and Economic Operations Department |
$460 million |
$149.6 million |
SOCAR Polymer LLC |
$252.2 million |
$102.1 million |
Azeraluminum LLC |
$148.4 million |
$98 million |
AzerGold CJSC |
$103.5 million |
$109.4 million |
Azerpambig LLC |
$85 million |
$32.5 million |
Azerenergy OJSC |
$68.3 million |
$59 million |
Azerbaijan Airlines CJSC |
$8.2 million |
$8.6 million |
Azeripek LLC |
$4 million |
$1.1 million |
Azerbaijan Railways CJSC |
$1.6 million |
- |
State Energy Service of the Nakhchivan Autonomous Republic |
$1.2 million |
$800,000 |
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