Azerbaijan’s non-oil and gas exports, excluding non-monetary gold, increased by 20.8% year-on-year to $3.6 billion in January-October.

Axar.az reports, citing the Center for Analysis of Economic Reforms and Communication (CAERC), in October alone, the value of non-oil and gas exports reached $414.2 million, up 23% compared with the same month last year.

During the reporting period, food exports amounted to $115.2 million, while non-food exports, excluding non-monetary gold, increased by 29.9% to $280.7 million.

According to the report, exports of sugar and sugar confectionery rose 2.4 times (137.6%). Exports of aluminium and aluminium products increased by 39.2%, articles of iron and steel by 34%, animal and vegetable fats and oils by 27.1%, copper and copper products by 24.9%, organic chemicals by 16.1%, cotton fibre by 14.2%, vegetables by 11.6%, coffee and tea by 10.9%, and edible fruits by 6.7%.

Over the first ten months of the year, agricultural exports grew by 12.7% to $866.9 million, while exports of agro-industrial products increased by 28.8% to $334.9 million. Combined exports of agricultural and agro-industrial products rose by 16.7% to $1.2 billion.