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Azerbaijan unveils growth of non-oil exports of its largest private companies

Economy Materials 4 July 2022 10:35 (UTC +04:00)
Azerbaijan unveils growth of non-oil exports of its largest private companies
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, July 4. The largest exporter of non-oil products among private companies in Azerbaijan became MKT Production Commercial LLC (mktcotton) from January through June 2022, Azerbaijani Center for Analysis of Economic Reforms and Communications told Trend.

The export of MKT company amounted to $79.6 million in the specified period (an increase of 38.9 percent, or $22.3 million compared from January through June last year).

According to the center, 10 private companies in non-oil sector of Azerbaijan exported goods in the amount of $242.6 million in the reporting period, which is 49.4 percent or $80.3 million more than the indicator the same period of 2021 ($162.3 million).

Top 10 largest Azerbaijani companies-exporters of non-oil products from January through June 2022

Company

Volume of exports in January-June 2022

Volume of exports in January-June 2021

MKT Production Commercial LLC

$79.6 million

$57.3 million

Azerbaijan İnternational Mining Company LLC

$40.9 million

$38.6 million

P-Aqro LLC

$24.8 million

$25.7 million

STP Aluminium LLC

$17 million

$0.4 million

Aqrovest LLC

$16.5 million

$6.2 million

ZR-78 Company

$15.8 million

0

Mors Trading

$14.5 million

0

Baku Steel Company CJSC

$12.3 million

$16.2 million

RAM International and Trading Company

$10.6 million

$11.9 million

Azmet CJSC

$10.6 million

$6 million

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