Azerbaijan's Private Companies Boost Non-Oil Exports by Over 50%

30 Dec, 11:00
Economics

Private companies in Azerbaijan have boosted exports of non-oil products by over 50%.

In January-November 2025, the largest exporter of non-oil products among private companies in Azerbaijan was Azerbaijan International Mining Company Limited LLC, The Caspian Post reports, citing Report.

According to the Center for Analysis of Economic Reforms and Communication of Azerbaijan, the company's exports during the specified period amounted to $112 million (an increase of 3.38 times year-on-year, or $78.9 million).

During the reporting period, 10 private companies in Azerbaijan's non-oil sector exported goods worth $528.6 million, which is 58.55% or $195.2 million higher than the same indicator in 2024 ($333.4 million).

Top 10 largest Azerbaijani non-oil exporting companies:

Company	Export in January-November 2025 (mln dollars)	Export in January-November 2025 (mln dollars)	Difference in %
Azerbaijan International Mining Company LLC	112	33.1	238.37%
Prime Cotton LLC	99.5	90.8	9.58%
Azerbaijan Sugar Production Association LLC	56.9	37.7	50.93%
Baku Steel Company LLC	53.7	56.8	-5.46%
Export Stream LLC	40.2	22.8	76.32%
STP Аluminium LLC	39.5	7	464.29%
TABATERRA JSC	39.3	30.8	27.60%
UYTROP LLC	29.5	0	-
KHAN-EL LLC	29.1	28.4	2.46%
P-AQRO LLC	28.9	26	11.15%