BAKU, Azerbaijan, October 1. The total value of non-oil products exported by Azerbaijan's state-owned companies grew from January through August 2022, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.
According to the center, this figure amounted to $771.2 million, up by $157.78 million (20.4 percent) on annual basis.
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 state-owned companies by exports from January through August 2022:
Companies |
Export value from January through August 2022 |
Export value from January through August 2021 |
SOCAR Marketing and Operations Department |
$389.4 million |
$219.7 million |
SOCAR Polymer LLC |
$125.7 million |
$142.7 million |
Azeraluminum LLC |
$98.9 million |
$73.4 million |
AzerGold CJSC |
$63.5 million |
$71.6 million |
Azercotton AIC LLC |
$50.5 million |
$62.3 million |
Azerenergy OJSC |
$35.7 million |
$34.5 million |
Azerbaijan Airlines CJSC |
$4.8 million |
$6 million |
AzerSilk LLC |
$1.3 million |
$2.3 million |
SOCAR's Geophysics and Geology Department |
$800,00 |
$20,000 |
State Energy Service of the Nakhchivan Autonomous Republic |
$600,000 |
$900,000 |
The non-oil exports of the country’s state-owned companies totaled $613.42 million from January through August 2021.