Industrial production increases by over 7% in Azerbaijan

In January-April 2023, industrial enterprises and private entrepreneurs of Azerbaijan produced industrial goods worth 29.6 billion manats ($17.38 billion) - 1.9% less year-on-year, Report informs, citing the country’s State Statistics Committee.

Over the past year, production in the oil and gas sector decreased by 2.8%, while in the non-oil and gas sector, it increased by 7.4%.

According to the committee, 70.4% of industrial production was done in the mining sector, 24.4% - in the processing sector, 4.5% - in the sector of production, distribution and supply of electricity, gas and steam, 0.7% - in the water supply sector, waste treatment and recycling.

In the mining sector, commercial oil production decreased by 8.4%, while commercial gas production increased by 2.9%.

In the sector of production, distribution and supply of electricity, gas and steam, production volumes increased by 5.5%, and in the sector of water supply, waste treatment and recycling - by 16.5%.