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Azerbaijan's production value of computer hardware, electronics down in 2M2022

ICT Materials 22 March 2022 12:05 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, March 22. Production value of computer hardware and electronics decreased from January through February 2022 in Azerbaijan, Trend reports citing the State Statistics Committee (SSC).

According to the committee, this figure amounted to 26.9 million manat ($15.8 million), down by 2.7 million manat ($1.6 million), or 9.1 percent on annual basis.

The manufacturing of computers, electronic and optical products in the first two months of this year grew by 78.2 percent, and electrical equipment - by 39.6 percent compared to the same period in 2021.

The retail trade turnover of these products equaled 80.4 million manat ($47.3 million), up by 37.2 million manat ($21.8 million), or 86.1 percent, compared to 2M2021.

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