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Azerbaijan records value growth in non-oil exports by state companies

Economy Materials 3 April 2023 10:48 (UTC +04:00)
Azerbaijan records value growth in non-oil exports by state companies
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 3. The total value of non-oil products exported by 10 Azerbaijani state companies grew from January through February 2023, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.

According to the center, this figure amounted to $372.05 million, up by $174.17 million (88.02 percent) on annual basis.

Ranking of state companies by exports from Jan. through Feb. 2023:

Companies

Export value

2M2023

Export value

2M2022

AzerEnergy OJSC

$227.2 million

$15.9 million

SOCAR Marketing and Operations Department

$60.2 million

$89.9 million

SOCAR Polymer LLC

$51.4 million

$39.3 million

Azeraluminum LLC

$20.7 million

$32.7 million

AzerGold CJSC

$6.1 million

$8.5 million

Azercotton AIC LLC

$3.8 million

$10.7 million

Azerbaijan Airlines CJSC

$1.5 million

$175,000

Azertobacco OJSC

$446,000

$30,000

Shaki Wine LLC

$356,000

-

AzerSilk LLC

$349,000

$676,000

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

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