...

Industrial production grows in Azerbaijan

Business Materials 12 September 2019 14:31 (UTC +04:00)

Baku, Azerbaijan, Sept. 12

By Eldar Janashvili – Trend:

In January-August 2019, the volume of industrial production (the volume of manufactured products and rendered industrial services) in Azerbaijan amounted to 30.9 billion manats, which is 2 percent more compared to the same period of 2018, Trend reports referring to the country's State Statistics Committee.

The production in the non-oil sector of industry in Azerbaijan grew by 15.2 percent.

Some 70 percent of industrial goods were produced in the extractive sector, 25.1 percent accounted for the processing sector, 4.2 percent - for the production, distribution and supply of electricity, gas and steam and 0.7 percent – for the water supply, waste treatment and recycling.

Oil production decreased by 2.5 percent, while gas production increased by 30.9 percent during the reporting period.

During the reporting period, wood processing and manufacture of wood products grew 2.2 times, finished metal products - by 80.1 percent, computer, electronic and optical products - by 78 percent, beverages - by 44.9 percent, products of the spinning industry - by 35.8 percent, furniture - by 33.6 percent, chemicals - by 30.7 percent, paper and cardboard - by 26.7 percent, rubber and plastic products - by 24.4 percent, manufacturing of tobacco products - by 32.2 percent, food production - by 15.7 percent, printing products - by 12 percent, production of machinery and equipment by 4.6 percent, building materials - by 4.2 percent, clothes - by 8.1 percent, oil products – 1.6 percent, installation and repair of machinery and equipment - by 26.6 percent.

Production of leather goods and footwear decreased by 16.4 percent, pharmaceutical products – by 9.8 percent, electrical equipment - by 11.1 percent, metallurgical products - by 16.1 percent, cars, trailers and semi-trailers - by 34.5 percent, other vehicles - by 14.3 percent.

The volume of the production, distribution and supply of electricity, gas and steam increased by 3.3 percent, while the volume of water supply, waste treatment and recycling – by 8.5 percent.

-----

Follow the author on Twitter: @eldarjanashvili

Tags:
Latest

Latest