Exports in the non-oil sector increased by 38.5 percent
According to the May issue of the "Export Review", in January-April 2022, Azerbaijan's exports amounted to 11.8 billion USD, 965.5 million USD in the non-oil sector. Exports in the non-oil sector amounted to 268.6 million USD compared to 2021 or increased by 38.5%.
In the January-April 2022, fruit and vegetable production increased by 23.6% compared to the same period of the previous year and amounted to 162.6 million USD. During the relevant period, exports of chemical products increased by 9.9 times, aluminum and aluminum products increased by 90.6%, ferrous metals and products increased by 53.3%, cotton yarn increased by 19.8% and cotton fiber increased by 6.8%.
In April 2022, exports amounted to 3.8 billion USD. Exports in the non-oil sector increased by 22% and amounted to 238.3 million USD. In April 2022, exports of food products increased by 6.2% compared to the same month of the last year to reach 51.4 million dollars, and non-food products increased by 27.2%, amounted to $ 186.9 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