BAKU, Azerbaijan, July 5
By Nargiz Ismayilova – Trend:
SOCAR Polymer LLC, the subsidiary of the State Oil Company of Azerbaijan (SOCAR), by exporting products worth $51.8 million, has become the biggest exporter of Azerbaijani non-oil products among private companies, Trend reports citing the Export Review of the Center for Analysis of Economic Reforms and Communication (CAERC).
According to the Export Review, 10 private companies in the country’s non-oil sector carried out exports worth $236.1 million over the reporting period, which is almost 54.2 percent more compared to the same period of 2019.
The top 10 private companies in terms of export of non-oil products from Jan. through May 2020 ranked as below:
Companies |
Volume of export from Jan. through May 2020 (million US dollars) |
Volume of export from Jan. through May 2019 (million US dollars) |
SOCAR Polymer LLC |
$51.8 million |
$38.3 million |
International Mining Company (representative office in Azerbaijan) |
$39.4 million |
$37.3 million |
Land Logistics LLC |
$36.3 million |
0 |
Istehsalat Kommersiya LLC |
$28.6 million |
$40.9 million |
FRUIT STORE LLC |
$16.2 million |
0 |
SUN FOOD LLC |
$14.9 million |
$12.9 million |
STDC LLC |
$11.2 million |
0 |
AQROVEST LLC |
$14.9 million |
$11.1 million |
GLOBAL TRADE GROUP LLC |
$11.7 million |
0 |
Baku Steel Company LLC |
$11.1 million |
$12.6 million |
(1 USD = 1.7 manat on July 5)
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