BAKU, Azerbaijan, December 5. 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.
Company |
Export from January through October 2023 |
Export from January through October 2022 |
Azerenergy OJSC |
$347.3 million |
$64.1 million |
Marketing and Economic Operations Department of SOCAR |
$310.9 million |
$501.3 million |
SOCAR Polymer |
$253.4 million |
$163.8 million |
Azeraluminium LLC |
$109.9 million |
$116.4 million |
AzerGold CJSC |
$85.2 million |
$83.8 million |
Agro-Industrial Complex Azerpambiq LLC |
$17.9 million |
$50.5 million |
Azerbaijan Airlines CJSC |
$17.3 million |
$7 million |
Azeripek LLC |
$1.8 million |
$1.3 million |
Azerbaijan Railways CJSC |
$1.2 million |
$600,000 |
State Energy Service of the Nakhchivan Autonomous Republic |
$790,000 |
$770,000 |
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.