SOCAR's revenues from non-oil exports fall by over 44%

The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) exported non-oil products worth $90.5 million in January-March of 2023.

This figure is 44.4% less than in January-March 2022, which is $72.4 million, Report cited the April issue of the "Export Review" of the Center for Analysis of Economic Reforms and Communications.

It should be noted that the total export of Azerbaijan in January-March this year amounted to 7.7 billion US dollars, the export of the non-oil sector - $912.2 million.