Problem with non-cash payments in Azerbaijan

A problem with non-cash payments ocurred in the markets of Azerbaijan. Thus, payment by cards through POS-terminals has become impossible.

Azerbaijan's non-oil exports decreased by 10%

Positive balance of $4 billion formed in Azerbaijan's foreign trade turnover for past 6 months

Azerbaijan's foreign trade turnover for Jan-Jun 2024 amounted to $21.768 billion.

Excise rate on electronic cigarettes increased 8-fold

The excise rate on disposable electronic cigarettes, hookahs and their substitutes in the amount of one piece has been increased from 0.25 to 2 manats.

Azerbaijan changes excise tax rates on some imported alcoholic beverages

The Azerbaiajni Cabinet Ministers has amended the resolution from January 19, 2001 "Excise rates on excisable goods imported into the territory of the Republic of Azerbaijan".

Changes made to Rules for declaring goods

The Azerbaijani Cabinet Ministers has amended the Rules for declaring goods and vehicles transported across the customs border.

Number of participants in foreign trade has decreased in Azerbaijan

In 6 months of 2024, the number of participants in foreign trade in Azerbaijan decreased by 2,427 people up to 40,248 people.

Growth reports on tea exports by Azerbaijan

Azerbaijan exported 345 tons of tea for $3.1 million for the first 6 months of 2024.

Azerbaijan has lowered sugar exports

Over Jan-Jun 2024, our country exported 17,753 tons of sugar for $13.574 million.

Azerbaijan sells potatoes abroad for 72 gapiks per kg

Over Jan-Jun 2024, Azerbaijan exported 48,234 tons of potatoes for $20,470.

Azerbaijan’s hazelnut exports lowered by 31%

Azerbaijan exported 8,425 tons of nuts for $51,900 for Jan-Jun 2024.

Export of tomatoes from Azerbaijan has increased

Over Jan-Jun 2024, our country exported 114,247 tons of tomatoes for $136,950.

Data published on POS-terminals in Nakhchivan

As of July 1, 2024, the number of active POS-terminals in the Nakhchivan Autonomous Republic reached 1,960 terminals.

Azerbaijan lowers trade operations with foreign countries by 19.7%

Over Jan-May 2024, Azerbaijan carried out trade operations with foreign countries for $18.439 billion (19.7% less gainst the 223 same term)

Azerbaijani tourist spent $7.5 million on Duty-Free in Türkiye

During a trip to Türkiye, an Azerbaijani tourist, whose name has not been disclosed, spent a large amount of money in a chain of Duty-free stores.

88 million manats of VAT refunded to consumers in 6 months

As a result of the VAT Refund Project, the share of non-cash payments in the field of retail trade, catering and medical services has increased significantly.

Population spent 679 million manats on clothes for June

Over Jan-Jun 2024, 3.5 billion manats were spent on textile products, clothing and footwear in retail outlets in Azerbaijan.

China's share in Azerbaijan's smartphone market has grown

Over Jan-May 2024, smartphone imports from abroad increased by 21%.

Over Jan-Jun, population’s monthly expenses grew by 22 manats

For the first 6 months of 2024, the value of goods sold and services rendered to the population increased by 4.1% versus Jan-Jun 2023, up to 34.1 billion manats.

Production of plastic bags in Azerbaijan increased

Over Jan-Jun 2024, 10,392.6 tons of plastic bags were produced in Azerbaijan.

A new requirement for import of cigarettes