BAKU, Azerbaijan, July 1. Total value of non-oil products exported by state-owned companies of Azerbaijan amounted to $520.06 million from January through May 2022, which is $197.41 million or 61.18 percent 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 non-oil sector has been headed by Marketing and Economic Operations Department of State Oil Company of Azerbaijan Republic (SOCAR).
Azerbaijan's TOP-10 ranking of state-owned companies in terms of exports (January through April 2022):
Company |
Export volume in 5M2022 |
Export volume in 5M2021 |
Marketing and Economic Operations Department of SOCAR |
$243.1 million |
$85.5 million |
Azeraluminium LLC |
$86.6 million |
$47.9 million |
SOCAR Polymer LLC |
$79.3 million |
$79 million |
Azercotton Agricultural Industrial Complex LLC |
$39.1 million |
$39.4 million |
Azenergy JSC |
$34.8 million |
$30.3 million |
AzerGold CJSC |
$34.3 million |
$38.1 million |
AzerSilk LLC |
$1.3 million |
$1 million |
Azerbaijan Airlines (AZAL) |
$0.9 million |
$0.056 million |
Nakhchivan State Energy Service |
$0.3 million |
$0.2 million |
Azerbaijan Railways |
$0.3 million |
$1.2 million |
Non-oil export of state-owned companies of Azerbaijan amounted to $322.6 million from January through May 2021.