Of non-oil sector goods, Azerbaijan sold the most electricity abroad

In the list of non-oil sector goods exported in January 2023, electricity ($72.4 million) took 1st place, refined cotton ($15.5 million) - 2nd place, and hazelnuts ($11.8 million) - 3rd place.

List of products sold in the largest quantity for January

Azerenerji leads among state-run non-oil exporters for January

The Center for Analysis of Economic Reforms & Communications has published the February issue of the Export Review.

List of Azerbaijan’s largest private exporters for January

The Center for Analysis of Economic Reforms & Communications has published the February issue of the Export Review.

Azerbaijan's non-oil exports grew by 22.6% in January

Azerbaijan's total exports in January 2023 amounted to $1.9 bn and exports of the non-oil sector - $284.5 million.

Azerbaijan imports the most expensive perfume from this country

Azerbaijan has published the volumes and prices of perfumes and toilet water imported from abroad in 2022.

Germany becomes the country that sells the most goods to Turkiye

The record deficit generated in Turkiye's foreign trade turnover in January.

Record deficit registered in Turkiye's foreign trade

At the end of January, a record deficit was formed in Turkiye's foreign trade, ABC.AZ reports, referring to the Turkish statistical organization (TÜIK).

Kazakhstan closes its trade representation in Russia

The authorities of Kazakhstan have closed their trade representation in Russia

Another duty canceled in Azerbaijan

With the entry into force of the Law on Food Safety, a legal framework has been formed for many innovations, a registration system has been created in accordance with international requirements.

Italian restaurants in the UK refuse from tomatoes

Italian restaurants in Britain refuse from tomatoes due to rising prices and lack of product

Azerbaijan imported over 2,000 tons of starch for Q4 of 2022

Azerbaijan imported 2,366 tons of starch for $1.45 million in the 4th quarter of last year (1.2% more in value terms versus Q4 of 2021 and in quantitative terms – 29% less).

10 IKEA analog stores may open in Moscow in 2023

The Belarusian analogue of IKEA, the manufacturer of Swed House, may open 10 stores in Moscow in 2023

Azerbaijan-India trade turnover grew 2.5-fold

India will study the business potential in the sphere of trade of chemical products with Azerbaijan.

Azerbaijan increased import of air conditioners in 2022

The import of air conditioners in Azerbaijan in 2022 increased by 35.5% (against 2021) up to 202,864 air conditioners for $65.1 million (a rise of 59.4%).

Opening of Trendyol representative office is possible in Azerbaijan

Discussions will be held regarding Turkish platform Trendyol, which has the largest online sales base in Azerbaijan.

Changes made to procedure for reviewing applications from credit institutions

Amendments have been made to the procedure for reviewing applications from banks and non-bank credit organizations for inclusion in the register maintained by the State Customs Committee

Changes made to rates of customs duties on export-import operations

Some goods imported into the country by legal entities or individuals (residents of the Mingachevir Hi-Tech Park) who carry out business activities without forming a legal entity are exempt from customs duties in the next two years.

Azerbaijan increases supply of alcoholic beverages to Russia

Azerbaijan has increased the volume of alcoholic beverages exported to Russia by more than 10 times in 2022

Azerbaijan imported fertilizers for about $5 million in January

Azerbaijan imported 6,400 tons of fertilizers for $4.9 million last month.

Azerbaijan’s retail trade turnover grew by 20.2%

The volume of retail trade turnover in Azerbaijan in 2022 will amount to AZN 52.17 million.