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