BAKU, Azerbaijan, January 2. The total value of non-oil products exported by 10 state-owned companies of Azerbaijan, amounted to $1.26 billion from January through November 2023, which is $183 million, or 16.93 percent higher than in the same period of 2022 ($1.08 billion), Trend reports via the Azerbaijani Center for Analysis of Economic Reforms and Communication.
The center's data showed 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 November 2023 |
Export volume from January through November 2022 |
AzerEnergy OJSC |
$378.4 million |
$64 million |
Marketing and Economic Operations Department of SOCAR |
$337.8 million |
$550 million |
SOCAR Polymer |
$277.9 million |
$174 million |
Azeraluminium LLC |
$117.6 million |
$139 million |
AzerGold CJSC |
$110 million |
$91.6 million |
Agro-Industrial Complex Azerpambiq LLC |
$20.6 million |
$51.8 million |
Azerbaijan Airlines CJSC |
$18.4 million |
$7.5 million |
Azeripek LLC |
$1.8 million |
$1.7 million |
Azerbaijan Railways CJSC |
$1.2 million |
$750,000 |
State Energy Service of the Nakhchivan Autonomous Republic |
$870,000 |
$770,000 |
In general, the total value of non-oil products exported by 10 state-owned companies amounted to $1.18 billion in Azerbaijan by the end of 2022, which is $56.2 million, or 4.98 percent higher than in 2021.