BAKU, Azerbaijan, September 12. Industrial enterprises and individual entrepreneurs in Azerbaijan produced 45.1 billion manat ($26.5 billion) worth of products from January through August 2023, which is 0.7 percent less year-on-year, Trend reports.
According to the State Statistics Committee of Azerbaijan, in the reporting period of 2023, production in the oil and gas sector decreased by 1.4 percent, while in the non-oil sector - increased by six percent year-on-year.
Meanwhile, the mining sector accounted for 68.6 percent of industrial output, the manufacturing sector accounted for 26.2 percent, the production, distribution and supply of electricity, gas and steam accounted for 4.4 percent, and the water, waste treatment and recycling sector accounted for 0.8 percent.
In addition, production of commercial oil in Azerbaijan from January through August 2023 decreased by 7.6 percent and production of commercial gas increased by 5.3 percent year-on-year.
In the manufacturing industry, production of computer, electronic and optical products increased by 80.4 percent, processing of wood and production of wood products - 97.1 percent, production of motor vehicles, trailers and semi-trailers - 52.1 percent, production of printing products - 30.1 percent, production of paper and cardboard - 27.2 percent, production of beverages - 26.7 percent, production of construction materials - 26.4 percent, production of rubber and plastic products - 20.9 percent, production of finished metal products - 17 percent
According to the State Statistics Committee, the production of electrical equipment decreased by 0.7 percent, leather and leather goods, footwear - by 6.7 percent, clothing - by 13.6 percent, vehicles - by 17.7 percent, industrial products - by 30.5 percent, metallurgical products - by 30.7 percent, works on installation and repair of machinery and equipment - by 31.4 percent.
In the reporting period, the production volume in the sector of generation, distribution and supply of electricity, gas and steam increased by 1.9 percent, and in the sector of water supply, treatment and waste processing - by 15.6 percent year-on-year.
Moreover, industrial enterprises and individual entrepreneurs in Azerbaijan in 2022 produced products worth 86 billion manat ($50.5 billion), which is 1.1 percent less year-on-year.
