BAKU, Azerbaijan, June 25. The total value of non-oil products exported by 10 Azerbaijani state companies grew from January through May 2023, the Center for Analysis of Economic Reforms and Communication of Azerbaijan told Trend.
According to the center, this figure amounted to $700.8 million, up by $180.8 million (34.79 percent) on an annual basis.
The list of state companies involved in export operations in the non-oil sector was headed by AzerEnergy OJSC.
Ranking of state companies by exports from January through May 2023:
Companies |
Export value 5M2023 |
Export value 5M2022 |
AzerEnergy OJSC |
$313.8 million |
$34.8 million |
SOCAR Marketing and Operations Department |
$157.2 million |
$243.1 million |
SOCAR Polymer LLC |
$126.6 million |
$79.3 million |
Azeraluminum LLC |
$55.5 million |
$86.6 million |
AzerGold CJSC |
$31.2 million |
$34.3 million |
Azercotton AIC LLC |
$7.7 million |
$39.1 million |
Azerbaijan Airlines CJSC |
$6.1 million |
$969,000 |
Azerbaijan Railways CJSC |
$1.1 million |
$259,000 |
AzerSilk LLC |
$1.1 million |
$1.3 million |
Azertobacco OJSC |
$565,000 |
$246,000 |
The total value of non-oil products exported by 10 state-owned companies amounted to $1.1 billion in Azerbaijan in 2022, which is $56.2 million, or 4.98 percent higher than in 2021.