SOCAR Polymer reduces export revenues by nearly 23%

In 2022, SOCAR Polymer LLC, a 57% subsidiary of the State Oil Company of Azerbaijan (SOCAR), exported products worth $195.4 million, down $56.8 million or 22.5% from the previous year, Report informs, citing the Export Review of the Center for Economic Reforms Analysis and Communication.

In 2022, Azerbaijan's total exports amounted to $38.1 billion, and in the non-oil sector to $3.05 billion.