SOCAR’s revenue from non-oil exports down 40% this year

In January-September this year, the Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) exported non-oil products worth $271.8 million, Report informs referring to the October issue of the Export Review of the Center for Analysis of Economic Reforms and Communications.

This is $181.9 million or 40.1% less than in nine months of 2022.

Azerbaijan’s total exports during the reporting period amounted to $26.5 billion, and non-oil sector exports amounted to $2.4 billion, an increase of 10.6% compared to the corresponding period in 2022.