Production in clothing industry up by 32 pct in Jan-Aug

By Azernews

By Ayya Lmahamad

Production in clothing industry in Azerbaijan increased by 32 percent during the period of January-August 2020, local media has reported.

During the reporting period, production in textile, clothes, leather and footwear industries amounted to AZN 314.6 million.

Thus, there were an increased in production of clothing by 32 percent, and in textile industry by 4.7 percent, compared to the same period of 2019. In the meantime, production in leather and footwear industries decreased by 6.3 percent.

Moreover, imports of air conditions to Azerbaijan decreased by 30.6 percent and amounted to 123,700 units during the reporting period.

The total cost of air conditioners imported to the country amounted to $29.5 million.

Likewise, some 361,700 units of computing machines, blocks and installation, which is by 22.8 percent more compared to the same period of 2019, were imported to Azerbaijan during the reporting period. The cost is estimated at $71.5 million. In addition, 91,234 washing machines, with a decrease by 9 percent, worth $17.3 million were imported to the country during the period of January-August 2020.

Furthermore, 132,300 tons of plastic and plastic products worth $225.7 million were imported to the country during the first eight months of 2020. It should be noted that 148,900 tons of plastic and plastic products worth $265.5 million were imported to the country during the same period of 2019.

Additionally, 3,800 tons of tobacco were produced in Azerbaijan during the period of January-August 2020. It should be noted that all tobacco produced in Azerbaijan is exported. Russia account to be the main exported of Azerbaijani tobacco. The country produced 6,000 tons of tobacco in 2019.

Azerbaijan’s foreign trade turnover amounted to $16.5 billion during the period of January-August 2020. The value of export amounted to $9.8 billion or 59.6 percent of the total turnover, while the value of import amounted to $6.6 billion or 40.4 percent. Thus, foreign trade turnover resulted in surplus of $3.1 billion.