BAKU, Azerbaijan, December 4. The Center for Analysis of Economic Reforms and Communications of Azerbaijan has revealed the leading exporter of non-oil products among the private companies countrywide from January through October 2023, Trend reports.
Elvin Shirinov (individual entrepreneur) became the largest exporter, with non-oil commodities worth $98.4 million from January through October 2023, up 2.91 times or $64.7 million year on year.
From January through October 2023, Azerbaijan's ten private enterprises in the non-oil sector exported $456.1 million, an increase of 28.55 percent or $101.3 million more than the previous year ($354.7 million).
Top 10 largest Azerbaijani companies-exporters of non-oil products:
|
Company |
Volume of exports from January through October 2023 |
Volume of exports from January through October 2022 |
|
Elvin Shirinov (Individual entrepreneur) |
$98.4 million |
$33.7 million |
|
MKT Istehsalat Kommersiya LLC |
$75.2 million |
$100.9 million |
|
Baku Steel Company LLC |
$58.7 million |
$36.3 million |
|
Azerbaijan International Mining Company LLC |
$53.2 million |
$84,2 million |
|
Best Logistik LLC |
$37.4 million |
$6 million |
|
STP Global Cable LLC |
$31.1 million |
$4.7 million |
|
My Fruit LLC |
$30.1 million |
$49,000 |
|
P-Agro LLC |
$28.7 million |
$29.1 million |
|
Mors Trading LLC |
$22.6 million |
$31.8 million |
|
Azerbaijan Sugar Production Association LLC |
$20.7 million |
$27.6 million |
In 2022, MKT Istehsalat Kommersiya LLC was Azerbaijan's largest non-oil exporter among private firms.
Last year, the company's exports were $100.9 million, a decline of 8.56 percent, or $10.6 million, from the previous year.