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Azerbaijan records big boost in production of cars

Business Materials 26 May 2020 14:31 (UTC +04:00)
Azerbaijan records big boost in production of cars

BAKU, Azerbaijan, May 26

By Eldar Janashvili - Trend:

Azerbaijan produced engineering goods and machinery worth 124.8 million manat ($73.4 million) from January through April 2020, which is 80 percent more than in the same period of 2019, Trend reports referring to the data from the Azerbaijani State Statistics Committee.

The volume of production of cars, trailers and semi-trailers increased by 54 percent from January through April 2020 compared to the same period of last year.

Meanwhile, the production of other vehicles also increased by 35.1 percent, and the production of sucker rod pumps - by 43.8 percent.

Over the reporting period, the decline was recorded in the production of fountain fittings - 2.3 times, up to 25.3 tons, fire extinguishers - 2.1 times, up to 2,160 pieces, and beam units - 30 percent, up to 142 pieces.

Moreover, the production of tractors decreased up to 105 pieces (a drop of 3.8 times).

Products

Products manufactured from January through April 2020

Change compared to the period from January through April 2019 (%)

The number of finished products in the warehouses as of May 1, 2020

Fountain fittings (tons)

25,300

42.4

1,900

Sucker rod pumps

2,543

143.8

765

Beam units

142

70

81

Fire extinguishers

2,160

46.6

-

Tractors

105

26.1

281

Cars

672

154.1

218

(1 USD = 1.7 AZN on May 26)

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Follow the author on Twitter: @eldarjanashvili

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