SOCAR Department posts over 35% decline in revenues from non-oil exports

Agshin Rafigoglu
Author

In January-June 2023, the Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) exported non-oil products worth $186.2 million (-$101.7 million or 35.3%), Report informs, citing the Export Review of the Center for Analysis of Economic Reforms and Communication.

In the reporting period, Azerbaijan's total exports amounted to $18 billion, with the non-oil sector accounting for $1.8 million.

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