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Value of non-oil exports by Azerbaijan's top 10 state firms drops over 26%
Business
- 30 April, 2026
- 17:36
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In January-March 2026, the total value of non-oil products exported by 10 state companies in Azerbaijan amounted to $208.7 million, Report informs, citing the Center for Analysis of Economic Reforms and Communication.
This is $74.1 million or 26.2% less than the corresponding period of 2025 ($282.8 million).
SOCAR Polymer LLC led the list of state companies participating in export operations in the non-oil sector with a 27.3% share.
Ranking of state companies by export volume:
| Company | Export volume Jan–Mar 2026 (million USD) | Export volume Jan–Mar 2025 (million USD) | Percentage change % |
|---|---|---|---|
| SOCAR Polymer LLC | 57 | 59 | -3.4% |
| AzerGold CJSC | 51.8 | 41.9 | 23.6% |
| Azeraluminium LLC | 42.9 | 39.6 | 8.3% |
| SOCAR Marketing and Economic Operations Department | 35.3 | 105 | -66.4% |
| Azerpambig ASK LLC | 11.7 | 9.5 | 23.2% |
| Azerbaijan Airlines CJSC | 4.5 | 3.8 | 18.4% |
| SOCAR Gas Export Department | 2.8 | 23 | -87.8% |
| AzerEnerji OJSC | 2 | 1 | 100% |
| SOCAR CAPE LLC | 0.43 | 0 | - |
| Nakhchivan Energy LLC | 0.23 | 0 | - |
During the reporting period, Azerbaijan's non-oil-gas exports increased by 11.7% in value terms compared to the same period of the previous year, reaching $862 million.
Author
Azərbaycanda TOP-10 dövlət şirkətinin qeyri-neft ixracının dəyəri 26 %-dən çox azalıb
В I квартале экспорт ненефтяной продукции ТОП-10 госкомпаний Азербайджана сократился более чем на четверть
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