Azerbaijan’s state-owned companies boost non-oil exports
The total value of non-oil products exported by the Azerbaijani state-owned companies amounted to $439.4 million from January to April 2022, which is $169 million, or 62.5 per cent more than the same period in 2021.
The Department of Marketing and Economic Operations of the country’s state-owned energy company SOCAR has climbed to the top in the ranking of the state-owned companies exporting non-oil products over the first 4 months of this year, Trend reports, citing the Center for Analysis of Economic Reforms and Communications of Azerbaijan.
TOP-10 state-owned companies in terms of exports for January to April 2022:
|
Companies |
The volume of exports for Jan. to Apr. 2022 |
The volume of exports for Jan. to Apr. 2021 |
|
Department of Marketing and Economic Operations of SOCAR |
$208.4 million |
$67 million |
|
Azeraluminum |
$72 million |
$45.2 million |
|
SOCAR Polymer |
$70.4 million |
$37 million |
|
Azerenerji |
$33.2 million |
$23.1 million |
|
APK Azerpambig |
$28.2 million |
$34.6 million |
|
AzerGold |
$25.1 million |
$30.6 million |
|
Azeripek |
$0.8 million |
$800,000 |
|
Azerbaijan Airlines (AZAL) |
$0.7 million |
$56,000 |
|
State Energy Service of Nakhchivan Autonomous Republic |
$0.3 million |
$200,000 |
|
Azerbaijan Railways |
$0.3 million |
$1.2 million |
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