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Mining industry leads in total industrial production in Baku for 10M2022

Economy Materials 30 November 2022 15:57 (UTC +04:00)
Mining industry leads in total industrial production in Baku for 10M2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 30. The goods and services in the industrial sector of Baku amounted to 64.4 million manat ($37.8 million) from January through October 2022, Trend reports on November 30 via Baku City Statistics Department.

According to the statistics department, the mining industry accounted for 86 percent, the processing industry - 12.2 percent, production, distribution and supply of electricity, gas and steam – 1.4 percent, and water supply, purification and waste processing - 0.4 percent.

The share of the private sector in the industrial field was 90.9 percent.

Besides, the share of industrial products in total output was 95.3 percent, and industrial services accounted for 4.7 percent.

Supplies of finished goods worth 516.3 million manat ($303.7 million) were stored in the warehouses of industrial enterprises as of November 1, 2022.

The warehouses of industrial enterprises also contained other products worth 54.4 million manat ($32 million) purchased from other enterprises and intended for sale.

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