(MENAFN- AzerNews)
By Ayya Lmahamad
In January-August 2022, Azerbaijan increased its non-oil exports
by 19 percent, Azernews reports per the September export review of
the Center for Economic Reforms Analysis and Communication of
Azerbaijan.
In the first eight months of the year, Azerbaijan's exports
totaled $26.2 billion, including $1.9 billion in the non-oil
sector.
Cotton yarn came in first with $143.4 million in non-oil
exports, followed by carbamide with $142.2 million and tomatoes
with $134.2 million.
Russia ranked first with $527.6 million in non-oil product
exports in January-August, followed by Turkiye with $491.1 million
and Georgia with $126.9 million.
During the normalization process, exports amounted to $3.7
billion in August 2022, with non-oil exports amounting to $204
million. In addition, food exports increased by 21.5 percent and
amounted to $46.6 million, while non-food exports amounted to
$157.4 million.
Russia ranked first with $65.5 million in non-oil product
exports in August, followed by Turkiye with $28.9 million and
Georgia with $19.3 million. Carbamide ($20.3 million) is first on
the list of non-oil exports, followed by gold ($16.1 million) and
peaches ($12.3 million).
The export review also included data on export orders received
by azexport.az portal. As a result, the portal received orders
totaling $321.2 million from January to August 2022. In August
2022, the value of export orders received by azexport.az was $32.8
million. It should be noted that the portal received $3.12 billion
in export orders from 145 countries between January 2017 and August
31, 2021.
Furthermore, the value of non-oil exports through the Single
Window Export Support Centre in September 2022 was $24.7
million.
The purpose of the export review is to familiarize entrepreneurs
with export issues, expand opportunities for exporting local goods
to traditional and new markets, and accelerate the process of
integration into international markets.
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Ayya Lmahamad is AzerNews' staff journalist; follow her on
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