BAKU, Azerbaijan, May 2. The total value of non-oil products exported by state-owned companies in Azerbaijan amounted to $338.9 million, in 1Q2022, which is $143.05 million, or 2.37 times more than the same period in 2021, Center for Analysis of Economic Reforms and Communications of Azerbaijan told Trend.
The list of state-owned companies participating in export operations in the non-oil sector has been headed by the Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan Republic (SOCAR).
Ranking of state-owned companies included in the top 10 in terms of exports in 1Q2022
|
Company |
Export volume in 1Q2022 |
Export volume in 1Q2021 |
|
Department of Marketing and Economic Operations SOCAR |
$162.9 million |
$52.5 million |
|
SOCAR Polymer LLC |
$60.6 million |
$48.2 million |
|
Azeraluminium LLC |
$50.2 million |
$37 million |
|
Azerenergi OJSC |
$33.2 million |
$16.1 million |
|
Azercotton LLC |
$17.8 million |
$21.2 million |
|
AzerGold CJSC |
$12.6 million |
$20.1 million |
|
Azersilk LLC |
$700,000 |
$600,000 |
|
Azerbaijan Airlines CJSC |
$500,000 |
$50,000 |
|
Department of Geophysics and Geology |
$200,000 |
0 |
|
Nakhchivan State Energy Service |
$200,000 |
$100,000 |
The non-oil export of Azerbaijan’s state-owned companies amounted to $195.8 million in 1Q2021.