Non-oil exports grew by 22% for Jan-May 2023

16:22 - 6.06.2023

June 6, Fineko/ Over the past 5 months Azerbaijan's total exports amounted to $16.1 bn and non-oil exports - $1.5 bn, according to the Center for Analysis of Economic Reforms & Communications.

Non-oil exports increased by 22.1% against Jan-May 2022.

Over Jan-May 2023, food exports reached $334.4 million.

The export of alcoholic and non-alcoholic beverages grew 5.9-fold, sugar by 43.8%, fruits and vegetables by 10.4%.

The statistical value of joint exports of agricultural and agro-industrial products for Jan-May 2023 increased by 16.9% up to $349.1 million. The value of agricultural products, which occupy a significant place in the structure of non-oil exports, increased by 55.8% against Jan-May 2022 up to $92.2 million.

In May 2023, non-oil exports totaled $278.2 million. In May 2023, export of food products reached $98.2 million, and export of non-food products - $180 million.