Volume of pharmaceutical market of Azerbaijan totals $850 million

The annual volume of the pharmaceutical market of Azerbaijan is $850 million, and the most of the volume is ensured by imports.

Customs post ‘Hanoba’ to be put into operation in coming days

Customs post "Hanoba" of the Northern Territorial Main Customs Department, located on the border with the Russian Federation, will be put into operation in the coming days.

Transit procedure at customs checkpoints to be simplified

The portal of the State Customs Committee of Azerbaijan, which will directly process applications for transit operations, is expected to be put into operation in the near future.

Products that became more expensive and cheaper in February became known

The products for which the price increased or decreased in February became known

This body in Nakhchivan to be subordinated to executive power

Honey has risen in price in Azerbaijan

In 2022, the average selling price of 1 kg of honey in Azerbaijan was 26.7 manats (5.5% more than in 2021)

Azerbaijan's cocoa import costs increased by 63.7%

This January, Azerbaijan imported cocoa for $87.8 million.

Rules established for goods whose import is banned

New rules are being established for goods whose import into Azerbaijan is prohibited.

Russia expands list of goods for parallel import

The Ministry of Industry & Trade of the Russian Federation has expanded the list of products for deliveries to the country by parallel import,

U.S. exports to Russia fell to a historic low

U.S.’ exports to Russia amounted to $44.6 million, which is the lowest figure in the last 30 years in January 2023

Azerbaijan’s copper imports grew 3.28-fold for January

Azerbaijan exported copper and copper products for $2.037 million this January ($1.336 million, or 39.6% less against January 2022)

Budget revenues from Customs Committee grew by 23%

March 13, Fineko/abc.az. State Budget revenues from the State Customs Committee amounted to 1.8 bn for Jan-Feb 2023 (22.9% more versus Jan-Feb 2022)

Price of a kilogram of meat in Turkiye grew by 30%

In the livestock sector affected by the earthquake, meat prices have increased by 30% over the past month due to “increased costs” in the run-up to Ramadan.

DOST Agency buys maintenance services for 320,000 manats

The DOST agency has summed up the results of the tender procedure for the purchase of aftersale services.

Turkiye blocks parallel import of sanctioned goods to Russia

The Turkish customs began blocking the supply of sanctioned goods to Russia, which followed parallel import schemes

Why does meat price rise in Azerbaijan?

Azerbaijan’s clothing imports for January increased

Azerbaijan imported garments for $19 million in the first month of 2023.

Azerbaijan lowered exports of ferrous metal in January

Azerbaijan exported $4.4 million worth ferrous metal for January 2023.

Azerbaijan's non-oil exports increased

The value of Azerbaijan's non-oil exports for Jan-Feb of this year amounted to $651.42 million

Rice imports from Pakistan decreased

Despite the exemption from customs duties on Pakistani rice in Azerbaijan, its share in imports has significantly decreased compared to the previous year.

La RAN’s to export to these countries

Entrepreneur Nurlan Nuraliyev is engaged in the production of confectionery in Lankaran and managed to bring his products to the foreign market under brand ‘Made in Azerbaijan’.