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Azerbaijan boosts non-oil exports

Economy Materials 10 November 2022 17:50 (UTC +04:00)
Azerbaijan boosts non-oil exports
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 10. Azerbaijan's exports amounted to $34.7 billion, including non-oil exports - 2.4 billion from January through October 2022, which is 16.2 percent more than in the same period the previous year, Trend reports citing the "Export review" of the Center for Analysis of Economic Reforms and Communication of Azerbaijan.

According to the review, during the specified period, the statistical value of the joint export of agricultural and agro-industrial products amounted to $672.1 million.

From January through October 2022, the country's exports of chemical products increased by almost two times, aluminum and products thereof – by 25.7 percent, ferrous metals and products thereof – by 24.5 percent, and tea - by 48.9 percent compared to the same period the previous year.

Azerbaijan's exports amounted to $5.2 billion, while non-oil exports - $269.1 million, food exports amounted to $73 million and non-food exports grew by 17.5 percent to $196.2 million in October 2022.

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