Non-oil exports in Azerbaijan increased by 16.2%
According to the November issue of "Export Review", Azerbaijan's total exports in January-October 2022 amounted to 34.7 billion US dollars, exports in the non-oil sector amounted to 2.4 billion US dollars. Exports in the non-oil sector increased by 16.2% compared to the first ten months of 2021.
During January-October 2022, the export of chemical industry products doubled, the export of aluminum and products made from it increased by 25.7%, the export of ferrous metals and products made from them increased by 24.5%, and the export of tea increased by 48.9%.
The statistical value of the joint export of agricultural and agro-industrial products was 672.1 million US dollars. Fruit and vegetable products exported during January-October 2022 accounted for 92.5% of the group of agricultural products. The added value created by agro-industrial products, which occupy a significant place in the composition of non-oil and gas exports, increased by 29% compared to the corresponding period of last year.
Exports in October 2022 amounted to 5.2 billion US dollars, and exports in the non-oil sector amounted to 269.1 million US dollars. During October 2022, exports of food products increased by 73 million US dollars, and exports of non-food products increased by 17.5% to 196.2 million US dollars.
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