Azerbaijan's non-oil product exports increased by 30.9 percent
in the first five months of the year, the country's Economy
Minister Mikayil Jabbarov said, Azernews reports.
The minister noted that as a result of measures taken to
diversify the economy, the positive trend in the export of non-oil
'As a result of measures to diversify the #economy, the positive
trend in the export of #nonoilproducts continues. In January-May of
this year, exports of non-oil products increased by 30.9 percent,
compared to the same period last year, and amounted to 1 billion.
188 mln. dollars,' the minister wrote on his official Twitter page.
Earlier, it was reported that in the first five months of the
year, the country's trade turnover amounted to $20.5 billion. Of
the total turnover, export amounted to $15.4 billion or 75 percent,
while import was $5.1 billion or 24.9 percent, resulting in a
surplus of $10.2 billion.
In the structure of the exports, the main volume came from
products of the oil and gas sector with 92.2 percent, while the
non-oil and gas sector amounted to 7.7 percent of the total export
Ayya Lmahamad is AzerNews' staff journalist, follow her on
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- non-oil exports
- Mikayil Jabbarov
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