Baku:Azerbaijan's non-oil sector exports have reached a significant milestone, exceeding $414 million in October 2026. The Center for Analysis of Economic Reforms and Communication (CAERC) revealed these preliminary figures in the November 2026 issue of the 'Export Review.'
According to Azerbaijan State News Agency, the non-oil sector exports, excluding non-monetary gold, totaled $3.6 billion from January to October 2026, marking a 20.8% increase over the same period in 2025. Specifically, October's non-oil sector exports grew by 23% compared to the same month last year, amounting to $414.2 million.
During this reporting period, food exports were valued at $115.2 million, while non-food product exports saw a 29.9% increase, reaching $280.7 million. Notably, from January to October, exports of sugar and sugar confectionery surged 2.4 times, or by 137.6%, compared to the previous year. Exports of aluminum and its articles increased by 39.2%, iron or steel articles by 34%, animal or vegetable fats and oils by 27.1%, copper and its articles by 24.9%, organic chemicals by 16.1%, cotton by 14.2%, vegetables by 11.6%, coffee and tea by 10.9%, and edible fruits by 6.7%.
Additionally, the exports of agricultural products rose by 12.7% to $866.9 million, while agro-industrial product exports increased by 28.8% to $334.9 million during the same ten-month period. Consequently, the total exports of agricultural and agro-industrial products grew by 16.7%, reaching $1.2 billion.