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ECONOMICS
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Azerbaijani state-owned companies increase export of non-oil products

05 May 2022 10:25

In Azerbaijan, in January-March 2022, the total value of non-oil products exported by state-owned companies amounted to $338.9 million, which is $143.05 million, or 2.37 times more than the same period in 2021.

The Department of Marketing and Economic Operations of the country’s state-owned energy conglomerate SOCAR ranks first among the state-run companies participating in export operations in the non-oil sector, Trend quotes the Center for Analysis of Economic Reforms and Communications of Azerbaijan as saying.

Top 10 state-owned companies in terms of exports in January-March 2022

Company

Volume of exports in January-March 2022 (million $)

Volume of exports in January-March 2021 (million $)

The Department of Marketing and Economic Operations at SOCAR

162.9

52.5

SOCR Polymer

60.6

48.2

“Azeraluminium”

50.2

37

“Azerenergy”

33.2

16.1

“Azerpambig”

17.8

21.2

“Azergold”

12.6

20.1

“Azeripek”

0.7

0.6

“Azerbaijan Airlines”

0.5

0.05

Geophysics and geology department

0.2

0

Nakhchivan State Energy Service

0.2

0.1

 

Caliber.Az
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