BAKU, Azerbaijan, June 26. MKT Istehsalat Kommersiya LLC became the largest exporter of non-oil products among private companies in Azerbaijan from January through May 2023, Trend reports.
According to the data of the Center for Analysis of Economic Reforms and Communications of Azerbaijan, the company's exports in the specified period amounted to $42.5 million (a decrease of 46.61 percent, or $37.1 million compared to the same period in 2022).
During the reporting period, a total of 10 private companies in the non-oil sector of Azerbaijan exported $236 million, which is 36.88 percent, or $63.5 million more than from January through May 2022 ($172.414 million).
Ranking of private companies included in the TOP-10 non-oil exporters:
|
Company |
Volume of exports in May 2023 |
Volume of exports in 5M2022 |
|
MKT Istehsalat Kommersiya LLC |
$42.5 million |
$79.6 million |
|
Azerbaijan International Mining Company LLC |
$31.2 million |
$40.9 million |
|
Baku Steel Company LLC |
$31 million |
$12.3 million |
|
Best Logistik LLC |
$26.5 million |
$0 |
|
STP Global Cable LLC |
$23.8 million |
$914,000 |
|
Individual entrepreneur Shirinov Elvin |
$22.2 million |
$4.6 million |
|
My Fruit LLC |
$16.2 million |
$0 |
|
Lexus-Bakı LLC |
$14.9 million |
$0 |
|
P-Agro LLC |
$14.3 million |
$24.8 million |
|
Azerbaijan Sugar Production Association LLC |
$13.4 million |
$9.3 million |
Meanwhile, MKT Istehsalat Kommersiya LLC became the largest exporter of non-oil products among private companies in Azerbaijan by the end of 2022.
The company's exports during the specified period amounted to $100.9 million (a decrease of 8.56 percent, or $10.6 million, compared to 2021).