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

Economy Materials 1 March 2023 13:54 (UTC +04:00)
Azerbaijan records growth in value of non-oil export by state companies
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, March 1. The total value of non-oil products exported by 10 state-owned companies amounted to $139.1 million in Azerbaijan in January 2023, which is $45.4 million, or 48.56 percent higher than in the same period of 2022, 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 AzerEnegy OJSC.

Ranking of state companies by exports in January 2023:

Company

Export value in January 2023

Export value in January 2022

AzerEnegy OJSC

$72.4 million

0

SOCAR Marketing and Operations Department

$29.6 million

$49.8 million

SOCAR Polymer LLC

$23 million

$24.2 million

Azeraluminum LLC

$10.4 million

$16 million

Azercotton AIC LLC

$2.2 million

$3.5 million

Azerbaijan Airlines CJSC

$1.2 million

$101,400

Shaki Wine LLC

$138,000

0

IGLIM Research Production Enterprise LLC

$110,000

0

Azeri M-I Drilling Fluids LLC

$69,000

$52,800

Sangachal Power Station LLC

$12,000

0

The total value of non-oil products exported by 10 state-owned companies amounted to $1.186 billion in 2022 in Azerbaijan, which is $56.2 million, or 4.98 percent higher than in 2021.

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