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Azerbaijan sees growth in value of non-oil export by state companies

Economy Materials 2 January 2023 10:12 (UTC +04:00)
Azerbaijan sees growth in value of non-oil export by state companies
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 2. The total value of non-oil products exported by Azerbaijani state companies grew from January through November 2022, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.

This figure amounted to $1.08 billion, up by $123.5 million (12.9 percent) on annual basis.

The list of state 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 companies by exports from January through November 2022:

Companies

Export value from January through November 2022

Export value from January through November 2021

SOCAR Marketing and Operations Department

$550.1 million

$378.3 million

SOCAR Polymer LLC

$174.2 million

$217.4 million

Azeraluminum LLC

$139 million

$129.2 million

AzerGold CJSC

$91.3 million

$95.5 million

AzerEnergy OJSC

$64.1 million

$50.2 million

Azercotton AIC LLC

$51.8 million

$77.3 million

Azerbaijan Airlines CJSC

$7.5 million

$6.2 million

AzerSilk LLC

$1.7 million

$3.2 million

Azertobacco OJSC

$800,000

$400,000

SOCAR's Geophysics and Geology Department

$800,000

$18,000

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