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Azerbaijan's top state companies reveal their non-oil export value for 2021

Economy Materials 3 February 2022 10:12 (UTC +04:00)
Azerbaijan's top state companies reveal their non-oil export value for 2021

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

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State Energy Service of the Nakhchivan Autonomous Republic

$1.2 million

$800,000

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