Over 116 million manats of VAT refunded in Azerbaijan in 8 months

Countries with the highest purchasing power – List

The ranking of the countries with the highest purchasing power has been published.

Türkiye to fine for paying in cash for rental housing and large purchases

Under the new rules prepared by the Turkish Tax Administration, paying rent in cash will be prohibited. In case of detection of such payments, a fine of 10% of the rental amount, but not less than 5,000 liras, will be applied.

Population spent 21 bn manats on food, beverages and tobacco products for past 8 months

Azerbaijan's foreign trade surplus reaches $4.65 bn

The country's foreign trade turnover for Jan-Jul 2024 amounted to $26.239 billion, taking into account the statistically estimated value of exported crude oil and natural gas, which were registered with customs authorities, but customs clearance was not fully completed.

Kazakhstan intends to increase uranium supplies through Azerbaijan

In 8 months, turnover of spacecraft facilities exceeds 15.6 bn manats

EU revenues from diamond exports fell almost one and a half times in 1st half of 2024

The EU's revenues from diamond exports in the first half of 2024 - after the introduction of restrictions on Russian stones — collapsed almost 1/5-fold, and the result became one of the worst in history

The largest importers and exporters of alcoholic beverages

The largest market of G20 countries – List

The largest space of the G20 countries is the Chinese market.

Turkic countries to create joint brands

Export duties on metal waste increased – A new decision

SThe Cabinet Ministers has made changes to the "Commodity nomenclature of foreign economic activity, import and export customs duty rates", approved by a resolution from November 17, 2017.

Azerbaijan increased trade turnover with African countries more than 5-fold

Russia increases purchase of Turkish fish by a record

Russia remains the main buyer of Turkish fish for the fourth year in a row. Top 3 of main destinations for export of such products from the republic also includes Italy ($132 million) and the Netherlands ($98 million).

Shops in underpasses of 20 January metro station cease operations

Shops operating in the underpasses of the 20 January station of the Baku Metro ceased their activities

Azerbaijan increases pomegranate exports

Azerbaijan has seen an increase of 37,929 tons in pomegranate exports in six years.

European countries sharply reduces purchases of hazelnuts from Azerbaijan

The largest buyers of Azerbaijani hazelnuts after Russia - European countries - have reduced their purchase volumes this year.

Customs officers prevent illegal import of cigarettes and medicines

Employees of the Main Customs Directorate for Air Transport prevented the illegal movement of cigarettes and other goods not marked with an excise stamp across the customs border.

Azerbaijan posts 3% increase in tomato consumption

Tomato consumption by the population in Azerbaijan in 2023 amounted to 627,360 tons in 2023, which is 2.9% more than in 2022.

Azerbaijan witnesses decline in bread consumption

In 2023, per capita bread consumption in Azerbaijan was 116.6 kg, which is 5.9 kg less than in 2022.

Kazakhstan restricts apple imports

The government of Kazakhstan has introduced a temporary ban on the import of apples by road transport from third countries, except for EAEU countries, until the end of 2024.