Azerbaijan’s industrial production has reduced

16:29 - 14.03.2023


March 14, Fineko/abc.az. The industrial enterprises and individual entrepreneurs operating in this field manufactured products for AZN 12.7 bn ($7.47 bn) for Jan-Feb 2023 (2.8% versus Jan-Feb 2022), ABC.AZ reports with reference to the State Statistical Committee.

The production in the oil sector fell by 3.7%, and the non-oil & gas sector increased by 6.8%.

Some 73.2% of industrial products were formed in the mining sector, 21.5% in the processing sector, 4.8% in the production, distribution, and supply of electricity, gas, and steam, and 0.5% in the water supply, water treatment, and waste processing sector.

Marketable oil production in the mining sector decreased by 6.4%, while marketable gas production rose by 0.9%.

The production, distribution, and supply of electricity, gas, and the steam sector grew by 8.3%, and the water supply, water treatment, and waste processing sector ascended by 15.9%.