BAKU, Azerbaijan, Apr.29
By Fidan Babayeva - Trend:
The volume of industrial goods and services in Baku amounted to 5.7 billion manat ($3.35 billion) from January through February 2021, Trend reports citing the State Statistical Committee of Azerbaijan.
According to the committee report, 77.9 percent of industrial products were produced in the mining industry, 18.2 percent - in processing, 3.2 percent - in the production, distribution, and supply of electricity, gas, and steam, 0.7 percent - in water supply, waste treatment, and recycling sector.
“The share of the non-state sector in industry equaled 84.9 percent. The share of industrial products in the total production volume amounted to 89.4 percent, industrial services - 10.6 percent,” the report reads.
As of March 1, 2021, a stock of finished products in the warehouses of industrial enterprises amounted to 346.6 million manat ($203.8 million), the committee said.
The warehouses of industrial enterprises also store products purchased from other enterprises and intended for resale in the amount of 81.4 million manat ($47.8 million).
The volume of industrial goods and services in Baku over 2020 amounted to 29.7 billion manat ($17.4 billion), down 4.8 percent compared to 2019.
Last year, 74.6 percent of industrial products were produced in the extractive industry, 22.5 percent - in processing, 2.1 percent - in the production, distribution, and supply of electricity, gas, and steam, 0.8 percent - in the sector water supply, cleaning and waste processing.
(1 USD = 1.7 AZN on Apr.29)