Azerbaijan's non-oil export edge up 10.5 percent in January-November

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Azerbaijan's total exports in January-November 2023 amounted to 31.5 billion US dollars, according to the December edition of the “Export Review” magazine published by the Center for Analysis of Economic Reforms and Communication.

 

Non-oil sector exports increased by 10.5%, reaching 3 billion US dollars, and food product exports during the same period equaled 821.7 million US dollars.

 

During the first 11 months of the current year, exports of electricity increased by 3.1 times, alcoholic and non-alcoholic beverages by 2.5 times, plastic and plastic products by 22.1%, ferrous metal products by 16.4%, and fruits and vegetables by 8.1%.

 

The statistical value of joint agricultural and agro-industrial product exports increased by 6.4% to 853.62 million US dollars during January-November 2023. The value of agro-industrial products, a significant part of non-oil/gas exports, rose by 9.6% to 181.47 million US dollars.

Economy