In the first seven months of this year, exports in the non-oil sector of Azerbaijan increased by 24.2%
According to the August issue of the “Export Review”, in January-July 2022 , the total export of the Azerbaijan amounted to 22,6 billion US dollars, 1,7 billion US dollars in non-oil sector. Exports in the non-oil sector increased by 38.5% compared to the first seven months of 2021.
In the January-July 2022, fruit and vegatable products increased by 11,5% compared to the same period of the previous year and amounted to 376,9 billion US dollars. During the relevant period, the exports of chemical products increased by 3,6 times, aluminum and aluminum products increased by 99%, ferrous metals and their products increased by 28,1%, cotton fiber increased by 5,4%, tea by 57,2%.
In July 2022, exports amounted to 4,1 US dollars. The growth in exports of the non-oil sector was 17.2% and amounted to 224.6 million US dollars. During July 2022, exports of food products increased by 43.7% to 61.7 million USD, while non-food products increased by 9.5% to 162.9 million USD.
Op-eds
Vusala Jafarova
Head of the Turkic World Research Center
"Driving Economic Integration and Digital Transformation: Azerbaijan’s Strategic Leadership in the Organization of…
Vusala Jafarova
Head of the Turkic World Research Center
"Azerbaijan’s Admission to the D-8: Strengthening Economic Cooperation with Global Potential"
Vusala Jafarova
Head of the Turkic World Research Center
Turkic States Economic Outlook for the First Half of 2024: Growth, Trade, and Investment Trends
Agil Asadov
Head of the Strategic planning division
Moody's: Growing influence of the Middle Corridor boosts economic prospects
Vusala Jafarova
Head of the Turkic World Research Center
The Karabakh Declaration and the future of economic cooperation of the Turkic world
Vusala Jafarova
Head of the Turkic World Research Center
"SCO Plus Summit: Catalyzing Economic Growth and Connectivity Among Turkic States"
Ayaz Museyibov
Deputy Executive Director of the CAERC
Azerbaijan and Türkiye: Leading through unity in global crises