BAKU, Azerbaijan, March 1. Azerbaijan’s MKT Production Commercial LLC became the largest exporter of non-oil products among the local private companies in January 2023, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.
In the reporting period, the company’s exports amounted to $10.6 million (a drop of 33.33 percent, or $5.3 million compared to the same period of 2022).
During this period, total non-oil exports of ten private companies reached $46.3 million, up by $7.2 million (18.54 percent) against January 2022 ($39.058 million).
Ranking of Azerbaijan's TOP 10 private non-oil exporters for January 2023:
Enterprise |
Export value for January 2023 |
Export value for January 2022 |
MKT Production Commercial LLC |
$10.6 million |
$15.9 million |
Azerbaijan International Mining Company LLC |
$6.8 million |
$9.5 million |
P-Agro LLC |
$5 million |
$4.6 million |
Azerbaijan Sugar Production Union LLC |
$4.8 million |
$1.9 million |
'Elvin Shirinov' (individual entrepreneur) |
$3.7 million |
$1.2 million |
Almeyve LLC |
$3.6 million |
$3.9 million |
Rose Services LLC |
$3.6 million |
- |
Best Logistics LLC |
$2.9 million |
- |
Baku Steel Company LLC |
$2.8 million |
$2 million |
Mors Trading LLC |
$2.5 million |
$58,000 |
Following the 2022 results, MKT Production Commercial LLC became the top non-oil exporter among private companies of Azerbaijan.
The company’s exports in the indicated period totaled $100.9 million, down by 8.56 percent or $10.6 million compared to 2021.