SOCAR Polymer Drives Non-Oil Export Growth in Azerbaijan

SOCAR Polymer LLC, a 57 per cent subsidiary of the State Oil Company of the Azerbaijan Republic (SOCAR), exported goods worth $157.9 million from January to July 2025.

SOCAR Polymer’s exports rose by 14.2 per cent compared to the same period in 2024, The Caspian Post reports citing the August edition of the "Export Review" report by the Azerbaijani Center for Analysis of Economic Reforms and Communication.

Overall, Azerbaijan’s non-oil sector exports grew by 11.4 per cent during January-July 2025 compared with the corresponding period last year, reaching a total of $2.09 billion.

SOCAR Polymer LLC is a leading petrochemical company in Azerbaijan and a 57 per cent subsidiary of SOCAR. Established to produce high-quality polymer products, the company specializes in the manufacture of polyethylene and polypropylene used in various industrial and consumer applications.

SOCAR Polymer plays a key role in Azerbaijan’s non-oil sector, contributing significantly to the country’s export portfolio.