BAKU, Azerbaijan, October 31. The total value of non-oil products exported by 10 state-owned companies amounted to $1.04 billion in Azerbaijan from January through September 2023, which is $170.3 million, or 19.56 percent higher than in the same period of 2022 ($870.6 million), Trend reports.
The data of the Center for Analysis of Economic Reforms and Communication of Azerbaijan shows that the list of state-owned companies involved in export operations in the non-oil sector was headed by Azerenergy OJSC.
Ranking of state-owned companies by export volume:
Company |
Export volume from January through September 2023 |
Export volume from January through September 2022 |
Azerenergy OJSC |
$329.7 million |
$35.7 million |
Marketing and Economic Operations Department of SOCAR |
$271.8 million |
$453.7 million |
SOCAR Polymer |
$231.6 million |
$146.3 million |
Azeraluminium LLC |
$98 million |
$102.2 million |
AzerGold CJSC |
$72.1 million |
$73.5 million |
Agro-Industrial Complex Azerpambiq LLC |
$17.7 million |
$50.5 million |
Azerbaijan Airlines CJSC |
$16.8 million |
$6.1 million |
Azeripek LLC |
$1.3 million |
$1.3 million |
Azerbaijan Railways CJSC |
$1.2 million |
$600,000 |
State Energy Service of the Nakhchivan Autonomous Republic |
$700,000 |
$700,000 |
In general, the total value of non-oil products exported by 10 state-owned companies amounted to $1.2 billion in Azerbaijan by the end of 2022, which is $56.2 million, or 4.98 percent higher than in 2021.