Export revenues of AzerGold increase by 41%

In 2024, AzerGold CJSC exported products worth $175.8 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 is $51.2 million or approximately 41.1% more 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.

AzerGold was established in 2016 by the decree of President Ilham Aliyev, dated February 11, 2015. The company primarily focuses on developing Azerbaijan's non-oil sector. Its main objectives include studying, researching, exploring, managing, extracting, processing, and selling precious and non-ferrous metal ore deposits.

Additionally, AzerGold aims to apply new technologies in this field, modernize its material and technical base for efficient use, and perform other tasks related to the sector's development.