...

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

Economy Materials 25 June 2023 10:26 (UTC +04:00)
Azerbaijan records value growth in non-oil exports by state companies
Kamran Gasimov
Kamran Gasimov
Read more

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.

Tags:
Latest

Latest