BAKU, Azerbaijan, Dec. 3
By Fidan Babayeva - Trend:
Leading state-owned non-oil companies of Azerbaijan exported their products worth $365 million from January through October 2020, which is by 20 percent less than in the same period of 2019, Trend reports citing the monthly Export Review.
The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) ranked first in export operations among state-owned companies involved in the country’s non-oil sector.
SOCAR’s department is followed by AzerGold CJSC, Azeraluminum LLC, Azerenerji OJSC, Azerpambig LLC, Azerbaijan Airlines (AZAL) CJSC, Azerbaijan Thermal Power Plant LLC, Azertutun LLC, State Energy Service of the Nakhchivan Autonomous Republic, as well as Caspian Drilling Company.
Below is a ranking of state-owned companies that entered the TOP-10 in terms of export volumes from January through October 2020:
Companies |
The volume of export from January through October 2020 |
The volume of export from January through October 2019 |
SOCAR Marketing and Economic Operations Department |
$114.6 million |
$189.6 million |
AzerGold CJSC |
$88.2 million |
$70.3 million |
Azeraluminum LLC |
$74.2 million |
$96.2 million |
Azerenerji OJSC |
$56 million |
$62.8 million |
Azerpambig LLC |
$23.8 million |
$18.6 million |
Azerbaijan Airlines (AZAL) CJSC |
$5.7 million |
$19.8 million |
Azertutun LLC |
$1.3 million |
$2 million |
Azeristilik OJSC |
$822,000 |
0 |
State Energy Service of the Nakhchivan Autonomous Republic |
$733,000 |
$139,000 |
Caspian Drilling Company |
$427,000 |
$4,000 |
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