Azerbaijan's income from non-oil exports increased by almost 37% in January and February 2023 year-on-year and topped $650 million, the Azerbaijani Center for Analysis of Economic Reforms and Communication said on Friday
BAKU (Pakistan Point News / Sputnik - 31st March, 2023) Azerbaijan's income from non-oil exports increased by almost 37% in January and February 2023 year-on-year and topped $650 million, the Azerbaijani Center for Analysis of Economic Reforms and Communication said on Friday.
"Non-oil exports from Azerbaijan in January-February 2023 totaled $651.4 million, a 36.8% increase from the first months of 2022. The main share is the export of electricity � $227.2 million, which is 14 times more than last year," the center's statement read.
For comparison, Azerbaijan's electricity exports in January-February 2022 totaled $16.23 million.
In mid-March, Azerbaijani Energy Minister Parviz Shahbazov said that Baku planned to build a Caspian-Europe green energy corridor to supply green energy from Azerbaijan to Europe.
