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Azerbaijan talks share of private sector in its exports

Economy Materials 22 March 2022 13:58 (UTC +04:00)
Azerbaijan talks share of private sector in its exports
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, March 22. The value of products exported by Azerbaijan from January through February 2022 has increased, Trend reports citing a report of the State Customs Committee (SCC).

According to the committee, this figure amounted to over $5.9 billion, up by 2.14 times compared to the first two months of 2021 ($2.7 billion).

The share of the public sector in the exports amounted to $2.16 billion (36.19 percent of the total value), and over $3.7 billion (63.55 percent of the total value) fell on the private sector.

Besides, the share of individuals equaled $15.2 million (0.26 percent).

Totally, Azerbaijan exported 1,535 and imported 5,657 units of goods, having carried out foreign trade operations with 139 partner countries. Oil and petrochemicals, electricity, fruits and vegetables, as well as chemical products were the most exported goods in the first two months of this year.

TOP-5 goods exported by Azerbaijan by total value:

Name

2M2022

2M2021

Volume

Amount

Volume

Amount

Crude oil

4.9 million tons

$2.9 million

5.6 million tons

$2.04 million

Natural gas

3.9 million cubic meters

$2.4 million

3.3 million cubic meters

$357, 692

Fruits and vegetables

74,726 tons

$92,314

66,740 tons

$70, 493

Plastic and products made from it

117, 238 tons

$65,516

58,295 tons

$51, 293

Petrochemicals obtained from bituminous rocks and oil, products containing oil or petrochemicals with a mass of 70 percent or more

65, 353 tons

$62,591

123,572 tons

$46, 693

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