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Azerbaijan reveals production value of industrial goods, services for 11M2021

Economy Materials 22 December 2021 14:34 (UTC +04:00)
Azerbaijan reveals production value of industrial goods, services for 11M2021

BAKU, Azerbaijan, Dec. 22

By Nazrin Israfilova - Trend:

The production value of industrial goods and services in Azerbaijan from January through November 2021 amounted to 39.2 billion manat ($23 billion), Trend reports with reference to Baku’s Statistics Department.

According to the information, 76.4 percent of the industrial production accounted for the mining industry, 20.6 percent for - processing industry, 2.3 percent for - generation, distribution and supply of electricity, gas and steam, 0.7 percent - water supply, treatment and processing sectors waste.

The share of the private sector in the industry was 83.8 percent, while the share of industrial products in the total production amounted to 92 percent, and the provision of industrial services - eight percent.

As of December 1, 2021, stocks of finished goods in the warehouses of industrial enterprises amounted to 306.3 million manat ($180.18 million), most of the manufactured products were sent to consumers, taking into account the stocks accumulated in previous periods.

In the warehouses of industrial enterprises, there were other products purchased from other enterprises and intended for sale in the amount of 74.2 million manat ($43.6 million).

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