Azerbaijan increases non-oil exports by 25%
Business
- 01 July, 2021
- 07:04
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In January-May 2021, Azerbaijan’s exports amounted to $8 billion, Report informs, citing the Export Review of the Azerbaijani Center for Economic Reforms Analysis and Communication.
Compared to the previous year, the non-oil exports increased by 25.4% to $907.6 million in the reporting period.
The exports to Russia accounted for $279.5 million, to Turkey – for $255 million, to Switzerland – for $91.1 million, to Georgia – for $69.1 million, and to the United States – for $29.5 million.
In May, the exports stood at $1.6 billion, while the non-oil exports made up $210.5 million. This figure is $38 million or 22% higher than the previous year.
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