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Monday August 11 2025

Azerbaijan’s industrial landscape shifts toward diversification amid oil sector drop

11 August 2025 16:13 (UTC+04:00)
Azerbaijan’s industrial landscape shifts toward diversification amid oil sector drop
Nazrin Abdul
Nazrin Abdul
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From January to July 2025, industrial enterprises and individual entrepreneurs in Azerbaijan produced goods worth 36.6 billion manats. This represents a 2.3 percent decline compared to the same period last year, Azernews reports, citing the State Statistical Committee. The decline was mainly driven by a 3.5 percent drop in oil and gas production. However, the non-oil and gas sector grew by...

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