Nakhchivan has increased export of industrial products


January 14, Fineko/abc.az. Last year, the economy of the Nakhchivan Autonomous Republic grew by 1.1%.

ABC.AZ reports that the industrial sector occupies the 1st place in the formed GDP.

Thus, in 2020 the industrial sector produced output for AZN 1.4 bn, that exceeds the figure of 2019 by 1.4%.

Last year NAR’s foreign trade turnover amounted to $450.839 million. The share of exports made up 86% of trade operations, or $387.54 million, and a positive balance was formed.