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Azerbaijani state companies raise 2M2021 non-oil exports in value

Business Materials 31 March 2021 15:50 (UTC +04:00)
Azerbaijani state companies raise 2M2021 non-oil exports in value

BAKU, Azerbaijan, March 31

By Fidan Babayeva - Trend:

Leading state-owned non-oil companies of Azerbaijan had exported their products worth $139.9 million from January through February 2021, which is by 46.4 percent more than in 2M2020, Trend reports citing the monthly Export Review.

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.

The Department is followed by SOCAR Polymer, Azeraluminum LLC, AzerGold CJSC, Azerenergy OJSC, Azerpambig LLC, Azerbaijan Railways CJSC, Azeripek LLC, ‘Azertutun Agro-Industrial Complex’ LLC, as well as Azerbaijan Airlines (AZAL) CJSC.

Below is a ranking of state-owned companies that entered the TOP-10 in terms of export volumes in 2M2021:

Companies

The value of export from January through February 2021

The value of export January through February 2020

SOCAR Marketing and Economic Operations Department

$32.2 million

$23.6 million

SOCAR Polymer LLC

$29.9 million

$20 million

Azeraluminum LLC

$24.2 million

$12.9 million

AzerGold CJSC

$22.8 million

$13.9 million

Azerenergy OJSC

$16.1 million

$17.8 million

Azerpambig LLC

$13.2 million

$4.9 million

Azerbaijan Railways CJSC

$1 million

0

Azeripek LLC

$455,000

$280,000

‘Azertutun Agro-Industrial Complex’ LLC

$64,000

0

Azerbaijan Airlines (AZAL) CJSC

$55,000

$2.2

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Follow the author on Twitter: @Fidan_Babaeva

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