Azerbaijan boosts non-oil exports by 30.9 pct in 5M2022

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Azerbaijan increased its non-oil exports by $280.6 million, or 30.9 percent, in January-May of 2022, Azernews reports per the June export review of the Center for Economic Reforms Analysis and Communication of Azerbaijan.

In the first five months of the year, Azerbaijan’s exports totaled $15.4 billion, including $1.2 billion in the non-oil sector. Fruit and vegetable production increased by 6.4 percent to $219.2 million compared to January-May 2021.

Cotton yarn came in first with $123.7 million in non-oil exports, followed by tomatoes with $91 million and carbamide with $84.1 million. Turkey ranked first with $390.2 million in non-oil product exports in January-May, followed by Russia with $263.4 million and Georgia with $74.7 million. —Azer News

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