BAKU, Azerbaijan, September 1. Individual entrepreneur Elvin Shirinov became the largest exporter of non-oil products among private companies in Azerbaijan from January through July 2023, Trend reports.
According to the Azerbaijani Center for Analysis of Economic Reforms and Communications, the company's exports in the specified period amounted to $66.8 million (a growth of 230.69 percent, or $46.6 million).
Meanwhile, Azerbaijan's top-10 private companies exported non-oil products worth $356.3 million, which is 48.58 percent or $116.5 million more than in 2022 ($239.8 million).
Ranking of private companies included in the TOP-10 non-oil exporters:
Company |
Volume of exports from January through July 2023 |
Volume of exports from January through July 2022 |
Elvin Shirinov (Individual entrepreneur) |
$66.8 million |
$20.2 million |
MKT Istehsalat Kommersiya LLC |
$57.3 million |
$88.4 million |
Baku Steel Company LLC |
$47.7 million |
$20.2 million |
Azerbaijan International Mining Company LLC |
$42.9 million |
$60.1 million |
Best Logistik LLC |
$30.1 million |
$1.4 million |
STP Global Cable LLC |
$28 million |
$2.4 million |
P-Agro LLC |
$25.8 million |
$25.3 million |
Mega Fruit Az LLC |
$19.8 million |
- |
My Fruit LLC |
$19.8 million |
- |
Almeyva LLC |
$18.1 million |
$21.8 million |
MKT Istehsalat Kommersiya LLC became the largest exporter of non-oil products among private companies in Azerbaijan in 2022.
The company's exports amounted to $100.9 million last year (a decrease of 8.56 percent, or $10.6 million, compared to 2021).