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Ranking of exporters in Azerbaijan’s non-oil sector

Business Materials 2 April 2019 13:16 (UTC +04:00)

Baku, Azerbaijan, April 2

By Kheyraddin Nasirzade – Trend:

Non-oil exports worth $143.9 million were carried out by 10 leading companies in Azerbaijan in January-February 2019, as can be seen from the Export Review of Azerbaijan’s Center for Analysis of Economic Reforms and Communication for February, Trend reports.

The same companies exported goods worth $90.7 million for the same period last year, which is 36.9 percent less than the current figures.

The volume of exports of leading state exporters for January-February 2019 amounted to $86.4 million, while private companies carried out exports worth $57.5 million.

Below is the ranking of the companies that are among the 10 largest non-oil exporters in January-February 2019.

Company

Sector

Export volumes in Jan.-Feb. 2019 ($M)

Export volumes in Jan.-Feb. 2018 ($M)

SOCAR Marketing and Operations Department

State

31.1

34

Azerenerji JSC

State

30.5

20.3

MKT Production Commercial LLC

Private

19.5

8.4

SOCAR POLYMER LLC

Private

13.4

0

Azeraluminium LLC

State

11.7

0

Representative office of Azerbaijan International Mining Company in Azerbaijan

Private

11.7

18.5

Azergold CJSC

State

9.2

6.7

ТСТ Export LLC

Private

7

0

P-AQRO

Private

5.9

0

Azerbaijan Airlines CJSC

State

3.9

2.8

In January-February 2019, Azerbaijan exported non-oil products worth $168.7 million, which is 63.6 percent more than in the same period of 2018.

($1=1.7 AZN on April 2, 2019)

Follow the author on Twitter: @1nasirzade

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