BAKU, Azerbaijan, May 29. Export revenues of Azerenergy amounted to $1.8 million from January through April of this year.
The data obtained by Trend from the “export review” published by the Center for Analysis and Communication of Economic Reforms shows that
this metric experienced a significant downturn of $45.5 million, representing a 26.3-fold decrease relative to the corresponding timeframe of the previous fiscal year, which recorded $47.3 million.
The roster of state-owned enterprises engaged in export activities within the non-oil domain throughout the reporting timeframe is spearheaded by the SOCAR Marketing and Economic Operations Department. This is succeeded by SOCAR Polymer LLC, AzerGold CJSC, Azeraluminium LLC, the Gas Export Department of the State Oil Company of Azerbaijan, Azerpambiq Agrarian Industrial Complex LLC, Azerbaijan Airlines CJSC, Azerenergy OJSC, the Nakhchivan Autonomous Republic State Energy Service, and Garadagh Glass Factory OJSC.
The Centre for Analysis of Economic Reforms and Communication's Monitoring and Evaluation Group founded in 2016, develops proposals for economic reforms based on analytical data by conducting analyses and research on macro- and micro-economic levels to ensure sustainable economic development of the country, preparing mid- and long-term forecasts. CAERC evaluates strategic roadmaps, government programs, action plans, economic promotion initiatives, industrial parks, and agro parks.
