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Azerbaijan’s SOCAR increases export of non-oil products significantly

Economy Materials 1 April 2022 09:47 (UTC +04:00)
Azerbaijan’s SOCAR increases export of non-oil products significantly
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 1. The Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) increased export of non-oil products by almost 2.8 times from January through February 2022, "Export Review" of the Center for Analysis of Economic Reforms and Communications of Azerbaijan stated, Trend reports.

SOCAR became the leader of the state sector of Azerbaijan in non-oil exports during this period, the review said.

SOCAR's export of non-oil products amounted to $89.9 million from January through February 2022, which is $57.7 million more than the same period in 2021.

The public sector of Azerbaijan exported non-oil products worth $198.3 million during this period, which is $70.44 million more than from January through February 2021.

State-owned companies of Azerbaijan exported goods worth $127.86 million from January through February 2021.

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