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Azerbaijan increases exports of non-oil products in 2M2023

Economy Materials 31 March 2023 16:04 (UTC +04:00)
Azerbaijan increases exports of non-oil products in 2M2023
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, March 31. Azerbaijani exports from January through February 2023 totaled $4.5 billion, $651.4 million of which accounted for non-oil exports, which is 36.6 percent higher than in the same period of 2022, Trend reports via the Center for Analysis of Economic Reforms and Communications of Azerbaijan.

According to the center, in the reporting period, the value of exports of agricultural and agro-industrial products amounted to $124.8 million.

The export of beverages (alcoholic and non-alcoholic) from the first two month of 2023 increased 6.6 times, while sugar grew by 78.5 percent, and tea increased by 22.7 percent.

During the reporting period, the export of fruit and vegetable products amounted to 92.2 percent of the group of agricultural products.

Moreover, in 2022, exports from Azerbaijan totaled $38.1 billion, $3 billion of which accounted for non-oil exports, which is 10.3 percent higher than in the same period of 2021.

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