BAKU, Azerbaijan, February 29. The largest exporter of non-oil products from Azerbaijan among state-owned companies in January 2024 was the State Oil Company of Azerbaijan (SOCAR) represented by the Marketing and Economic Operations Department, Trend reports, referring to the Center for Analysis of Economic Reforms and Communications (CAERC).
SOCAR's Marketing and Economic Operations Department exported non-oil products worth $33.1 million in January 2024, compared to revenue of $29.6 million in January 2023.
SOCAR's other entity, SOCAR Polymer Joint Stock Company (revenue of $14.5 million), was also a major exporter.
Azerenergy OJSC is also among the state-owned companies exporting non-oil products.
According to CAERC, this JSC exported electricity worth $28.8 million in January 2024.
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