SOCAR Department posts 33% decline in revenues from non-oil exports

In January-February of 2023, the Department of Marketing and Economic Operations of the State Oil Company of Azerbaijan (SOCAR) exported non-oil products worth $60.2 million.

Report informs, this was reported in the March issue of the Export Review of the Center for Analysis of Economic Reforms and Communication.

According to the review, this is $29.7 million or 33.04 per cent less than the same period in 2022.

It should be noted that in January-February 2023, Azerbaijan's total exports amounted to $4.5 billion, exports in the non-oil sector amounted to $651.4 million.