BAKU, Azerbaijan, August 3. The total value of non-oil products exported by Azerbaijan's state-owned enterprises (SOEs) amounted to $593.4 million from January through June 2022, up by $202.94 million or 51.98 percent compared to the same period of 2021, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.
The list of state-owned companies participating in the non-oil export activities has been topped by the Marketing and Operations Department of the State Oil Company of Azerbaijan (SOCAR).
Ranking of SOEs by exports from January through June 2022:
Companies |
Export volume from January through June 2022 |
Export volume from January through June 2021 |
SOCAR Marketing and Operations Department |
$287.9 million |
$118.3 million |
Azeraluminum LLC |
$93.4 million |
$48.4 million |
SOCAR Polymer LLC |
$81.1 million |
$96.4 million |
Azercotton AIC LLC |
$47.9 million |
$47.5 million |
AzerGold CJSC |
$44 million |
$45.6 million |
Azerenergy OJSC |
$34.8 million |
$32.4 million |
Azerbaijan Airlines CJSC |
$1.8 million |
$56,000 |
AzerSilk LLC |
$1.3 million |
$1.1 million |
SOCAR's Geophysics and Geology Department |
$800,000 |
- |
State Energy Service of the Nakhchivan Autonomous Republic |
$400,000 |
$700,000 |
The non-oil exports of the country’s state-owned companies totaled $390.456 million from January through May 2021.