BAKU, Azerbaijan, August 31. The total value of non-oil products exported by Azerbaijan's state-owned enterprises (SOEs) amounted to $682.3 million from January through July 2022, up by $197.5 million or 40.74 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 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 July 2022:
Companies |
Export volume from January through July 2022 |
Export volume from January through July 2021 |
SOCAR Marketing and Operations Department |
$337.6 million |
$158 million |
SOCAR Polymer LLC |
$105.7 million |
$122.7 million |
Azeraluminum LLC |
$95.3 million |
$57.9 million |
AzerGold CJSC |
$52.8 million |
$55.9 million |
Azercotton AIC LLC |
$50.3 million |
$55 million |
Azerenergy OJSC |
$34.8 million |
$32.4 million |
Azerbaijan Airlines CJSC |
$3.2 million |
$4,000 |
AzerSilk LLC |
$1.3 million |
$1.8 million |
SOCAR's Geophysics and Geology Department |
$800,00 |
- |
State Energy Service of the Nakhchivan Autonomous Republic |
$500,000 |
$700,000 |
The non-oil exports of the country’s state-owned companies totaled $484.8 million from January through July 2021.