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Azerbaijan's public enterprises boost non-oil exports

Economy Materials 1 December 2022 14:11 (UTC +04:00)
Azerbaijan's public enterprises boost non-oil exports
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 1. The total value of non-oil products exported by Azerbaijan's state-owned enterprises (SOEs) amounted to $989.7 million from January through October 2022, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.

This figure increased by $136.2 million or 15.96 percent compared to the same period of 2021.

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 October 2022:

Companies

Export volume from January through October 2022

Export volume from January through October 2021

SOCAR Marketing and Operations Department

$501.3 million

$323.9 million

SOCAR Polymer LLC

$163.8 million

$197.3 million

Azeraluminum LLC

$116.4 million

$109.3 million

AzerGold CJSC

$83.7 million

$87.1 million

Azerenergy OJSC

$64.1 million

$56 million

Azercotton AIC LLC

$50.5 million

$69.8 million

Azerbaijan Airlines CJSC

$7 million

$6.1 million

AzerSilk LLC

$1.3 million

$3 million

SOCAR's Geophysics and Geology Department

$800,000

-

State Energy Service of the Nakhchivan Autonomous Republic

$800,000

$1 million

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