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

Economy Materials 14 February 2023 13:46 (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, February 14. The total value of non-oil products exported by 10 state-owned companies amounted to $1.186 billion in Azerbaijan from January through December 2022, which is $56.2 million, or 4.98 percent higher than in the same period of 2021, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.

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 Jan. through Dec. 2022:

Companies

Export value from January through December 2022

Export value from January through December 2021

SOCAR Marketing and Operations Department

$595.7 million

$460 million

SOCAR Polymer LLC

$195.4 million

$252.2 million

Azeraluminum LLC

$150.3 million

$148.4 million

AzerGold CJSC

$111.4 million

$103.5 million

AzerEnergy OJSC

$65 million

$68.3 million

Azercotton AIC LLC

$53.1 million

$85 million

Azerbaijan Airlines CJSC

$8.2 million

$8.2 million

Azertobacco OJSC

$4.5 million

$438,000

AzerSilk LLC

$1.7 million

$4 million

Shaki Wine LLC

$975,000

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