BAKU, Azerbaijan, April 3. Azerbaijan’s MKT Production Commercial LLC became the largest exporter of non-oil products among the local private companies from January through February 2023, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.
In the reporting period, the company’s exports amounted to $18.4 million (a decrease of 49.73 percent, or $18.2 million compared to the same period in 2022).
According to the center, during this period, total non-oil exports of ten private companies reached $86.3 million, up by $3.56 million (4.31 percent) against the same period of the previous year ($82.73 million).
Ranking of Azerbaijan's TOP 10 private non-oil exporters:
|
Enterprise |
Export value (from January through February 2023) |
Export value (from January through February 2022) |
|
MKT Production Commercial LLC |
$18.4 million |
$36.6 million |
|
Azerbaijan International Mining Company LLC |
$11.9 million |
$16.3 million |
|
STP Global Cable LLC |
$9.9 million |
$136,000 |
|
P-Agro LLC |
$7.6 million |
$10.7 million |
|
Azerbaijan Sugar Production Union LLC |
$7.4 million |
$4.1 million |
|
'Elvin Shirinov' (individual entrepreneur) |
$6.8 million |
$1.9 million |
|
Baku Steel Company LLC |
$6.6 million |
$3.6 million |
|
Almeyve LLC |
$6.2 million |
$5.7 million |
|
Mors Trading LLC |
$5.8 million |
$3.7 million |
|
Rose Services LLC |
$5.7 million |
0 |
Following the 2022 results, MKT Production Commercial LLC became the top non-oil exporter among private companies in 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.