Azerpambig posts 2.5-fold surge in export revenues

In 2024, Azerpambig Agrarian Industrial Complex LLC exported products worth $56.1 million, Report informs, citing Azerbaijan’s Center for Analysis of Economic Reforms and Communications (CAERC).

According to the January issue of the Export Review by the CAERC, this marks a $33.9 million or 2.5 times increase compared to 2023.

Last year, Azerbaijan's total non-oil-gas exports grew by 0.3% compared to the previous year, reaching $3.4 billion. In particular, foodstuff exports rose by 11.3% to $1 billion.

Azerpambig was established in 2018. The company engages in cotton production, procurement, processing, and sale of processed products (cotton fiber, technical seeds, cotton oil, etc.).