Azerbaijani companies expand their activities in Russia

The value of export contracts concluded by Azerbaijani companies with X5 Group, one of the leading retail chains in Russia, is growing from year to year.

Complaints in connection with Customs Committee

Several citizens have applied to the customs authorities due to difficulties.

Problem of raw materials in Germany is eliminated - complaints from companies decreased

The German Institute for Economic Research (Ifo) has published the results of a ‘German business survey’ on the shortage of supplies for companies.

Trendyol officially starts its activity in Azerbaijani market from today

Of course, this agreement with Trendyol will have both negative and positive impact on the economy.

Trendyol launches direct delivery to Azerbaijan

Turkish e-commerce platform Trendyol has launched direct delivery to Azerbaijan.

Abolition of customs duty not to affect much budget of citizens

The exemption of tropical fruits from the 15% customs duty will have positive effect on prices, ABC.AZ reports, citing economist-expert Natig Jafarli.

Economist: This measure to help cut prices for fruits from abroad

From January 2024, tropical fruits imported in Azerbaijan will be exempt from a 15% customs duty.

India plans to ban sugar exports

The Indian government plans to ban sugar exports because of its production decrease and to prevent inflationary pressure before the parliamentary elections next year, TV channel Wion reports, citing an Indian government source.

Countries that export most of all clothes

The names of the countries that export the most of all clothes to the world countries have become known.

Azerbaijan exported most of all goods to these countries for Jan-Mar

Azerbaijan exported goods for $339.9 million to Türkiye, for $200.7 million to the Russian Federation, for $109.2 million to Georgia, for $29.7 million to Switzerland, and for $27.6 million to Kazakhstan.

Non-oil exports grew by 23.2% in Q1

Azerbaijan's total exports amounted to $7.7 bn and non-oil exports $912.2 million for Jan-Mar 2023.

MKT Istehsalat Kommersiya reduced exports much

Azerbaijani cotton producer MKT Istehsalat Kommersiya LLC took the first place in the rating of non-state exporting entities for Jan-Mar 2023.

Baku Steel Company increased exports

Baku Steel Company exported products abroad for $12.6 million.

Azerbaijan's gold exports declined much

Azerbaijan exported gold for $25.7 million for Jan-Mar 2023 (16.8% less than a year ago).

Cotton exports more than doubled

Electricity was the leader in the list of exported goods of the non-oil sector ($281.1 million)

Import prices in Germany declined - Cause

In March, import prices in Germany fell for the first time in 26 months,

Competitor to Trendyol appears in Azerbaijan

The largest Russian online store Wildberries wants to enter the Azerbaijani market.

Georgia occupies 2nd place in list of countries supplying wine to Russia

The absence of difficulties with payment and simple logistics allowed Georgia to become the second supplier of wines to Russia.

Ilham Aliyev approves memorandum on customs cooperation

Azerbaijani President Ilham Aliyev has approved an intergovernmental memorandum of understanding on the establishment of a joint advisory commission on customs cooperation between Azerbaijan, Turkey and Turkmenistan.

Cause of sharp rise in price of olive oil unveiled

Insufficient rainfall in Spain has led to the fact that the world's largest producer of olive oil halved the price of olive oil to historically record levels.

Prices for 30 out of 39 products in Turkey increased at end of month of Ramadan

At the end of the month of Ramadan, prices for 30 out of 39 products increased and decreased for 9 products.