By how much did Azerbaijan's non-oil exports grow?

By how much did Azerbaijan's non-oil exports grow?
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  • 11.08.2023 16:28:00
  • 1 min read

Azerbaijan has increased the export of electricity by 5.5 times since the beginning of 2023.
BAKU, August 11 - Sputnik. In January-July 2023, Azerbaijan exported $2 billion worth of non-oil products, the Center for Analysis of Economic Reforms and Communications reported. According to the agency, this is 17.8% more than in the same period last year.
In July alone, the value of non-oil exports amounted to $233.2 million, which is 0.4% more than a year earlier.
Recall that in 2022, Azerbaijan's non-oil exports increased by 12.3% compared to 2021 and amounted to $3.048 billion.

This year, Azerbaijan increased the export of electricity by 5.5 times, alcoholic and non-alcoholic beverages - by 4.4 times, sugar - by 53.1%, fruits and vegetables - by 46.6%.
For seven months of this year, agricultural and agro-industrial products were exported for $540.2 million, which is 10.6% more compared to the corresponding period last year. At the same time, the export of agro-industrial products increased by 41.3%, to $119.4 million.
Last month, food was exported by $60.1 million - 2.7% less compared to the same period last year, and non-food products - by $173.2 million (an increase of 1.5%).

source: az.sputniknews

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