Source link : https://europ.info/2025/09/12/azerbaijans-non-oil-export-sector-posts-solid-growth-in-eight-months-latest-news-from-azerbaijan/
Azerbaijan’s non-oil export sector has demonstrated robust growth over the first eight months of the year, signaling a promising diversification of the country’s economy beyond its traditional reliance on hydrocarbons. According to the latest data released by the State Customs Committee, non-oil exports have surged significantly, reflecting increased activity in sectors such as agriculture, chemicals, and machinery. This upward trend underscores Azerbaijan’s ongoing efforts to broaden its trade portfolio and strengthen economic resilience amid fluctuating global energy markets.
Azerbaijans Non Oil Exports See Robust Expansion Driven by Diversified Products
Azerbaijan’s non-oil export sector has demonstrated impressive resilience and growth over the past eight months, reflecting a strategic shift toward economic diversification. Key export categories showing notable expansion include agricultural products, processed foods, textiles, and chemical products. This diversification has helped the country reduce its reliance on oil revenues and tap into new global markets, particularly in Europe and Asia. The government’s supportive policies, including export incentives and improved logistics infrastructure, have played a significant role in boosting these sectors.
According to recent data, several product groups have outperformed expectations, driving the overall expansion. Below is a breakdown of the leading non-oil export segments contributing to this…
—-
Author : Atticus Reed
Publish date : 2025-09-12 17:55:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8