Oil Dominate in Azerbaijani Export

Oil Dominate in Azerbaijani Export Oil and oil products constituted 94 % of Azerbaijan’s export in 2011 according to CESD sources.  Only 6 % of export was non-oil products. CESD concerned over Azeri export’s reliance on oil revenue since oil continued to dominate in Azerbaijan’s exports accounting for 94 0% of all exports as of October 01 despite efforts to diversify Azerbaijan’s economy away from oil. Last year Azerbaijan’s foreign trade... Read More