2026-4-7 20:58 |
SOCAR's export operations in early 2026 saw a significant decline compared to the previous year, with non-oil sector exports led by SOCAR Polymer and several other state-owned companies.
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Azerbaijan's SOCAR CAPE LLC reported export revenues for the first two months of 2026, according to the Export Review by the Center for Analysis of Economic Reforms and Communication. In comparison, the company’s revenue data for the same period last year was not disclosed.
SOCAR Polymer leads the growth in Azerbaijan's non-oil sector exports, showing significant year-on-year improvement in early 2026.
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Increasing renewable energy capacity and investment in green projects could strengthen energy security, attract capital, and support sustainable economic growth.