Azerbaijan increases import of butter

Over the past 8 months of 2022 Azerbaijan imported 12,946 tons of butter and other oils made from milk for $74.167 million.

Sales of Azerbaijani kelagai to America and Europe begin

Azerbaijan has trade ties with 167 countries of world

The foreign trade turnover for the first 6 months of 2022 reached $24.8 bn.

Azerbaijan's nonoil exports grew by 32.6%

In the 1st half of 2022, Azerbaijan's exports increased 2.3-fold up to $18.9 bn.

New appointment at Customs Committee

A new appointment has taken place in the State Customs Committee.

Every resident of Azerbaijan spent an average of 384 manats per month on purchases for Jan-Aug

The value of goods sold by economic entities of the non-state sector increased in real terms by 2.8% for Jan-Aug 2022 (versus Jan-Aug 2021) up to 99.7% of the total retail turnover.

Population increases food costs by 23% for Jan-Aug

Over the past 8 months Azerbaijani population's spending on foods increased almost by AZN 3 bn.

Furniture prices have also risen

List of products whose prices have grown

Prices for Veyseloglu products increased much

Expert: Real rise in price is still ahead

The process of price increase taking place in the world has not spared Azerbaijan either. So, over the past 3 months, the price increase is felt almost every week, and sometimes every day.

Stars Coffee to open branches abroad

The new Stars Coffee chain, which replaced Starbucks in Russia, plans to open its facilities abroad, with about 20 outlets on the "waiting list".

Turkey’s exports to Russia rose sharply - a record figure

August’s exports from Turkey to Russia amounted to $738,527, which is a historical record.

List of products with grown price more than by 2 manats

Consumer prices for Jan-Jul 2022 increased by 13% against Jan-Jul 2021.

Some products become more expensive in Azerbaijan

An increase in prices for milk and dairy products has been observed lately.

Range of Azerbaijani products on Amazon and eBay grows

Over Jan-Aug 2022, more than 40 different products of Azerbaijan's creative culture industry were sold on Amazon and eBay e-commerce platforms.

Food price index fell from 140.7 in July to 138 in August

The world Food Price Index, developed by the UN Food & Agriculture Organization (FAO), has been falling for 5 months.

Owner of Russia-based McDonald's intends to acquire another company

The new owner of the McDonald's restaurant chain, Alexander Govor, who left Russia, plans to acquire another Western company

Russian company to open 5 outlets in Azerbaijan

The Russian manufacturer of sleep products Askona has entered the Azerbaijani market.

Ilham Aliyev: Azerbaijan's trade turnover with Italy reached $11 bn for Jan-Jul 2022

Italy is Azerbaijan's number one trading partner, ABC.AZ reports, citing President Ilham Aliyev at the opening ceremony of the Italian-Azerbaijani University in Rome.

Rating of largest oil-exporting private companies

The Export Review compiled the rating of private nonoil exporter companies for Jan-Jul 2022.