SOCAR Polymer logs $154.4 million export revenue in seven months

SOCAR Polymer LLC, a 57%-owned subsidiary of the State Oil Company of Azerbaijan (SOCAR), exported $154.4 million worth of products in the first seven months of 2026.

As Caliber.Az reports per local media, the figures were presented by the August issue of the Export Review published by the Centre for Analysis of Economic Reforms and Communication.

SOCAR Polymer’s exports declined by $3.5 million, or 2.2%, compared with the same period last year.

The decline came despite continued growth in Azerbaijan’s broader non-oil and gas export sector. The country’s non-oil and gas exports rose 18.3% year-on-year in January-July, reaching $2.5 billion.

By Vafa Guliyeva