Baku Shopping Festival starts in the capital and will last 14 days

With the support of the Azerbaijan Association of Retail Importers of Clothing (AFRA) and Kapital Bank, the Baku Shopping Festival will be held in Baku from 6 November.

Gasoline AI-95 is mainly used in Russia

Despite the fact that in Russia in 2022 the number of drivers buying AI-95 gasoline will decrease, still more than half of drivers in the country use this type of fuel.

Food shortage increases in France

The level of food shortages in supermarkets and hypermarkets in France increased by 5.8% in October.

Customs authorities to pay VAT for imports within 1 day

VAT for imports in Azerbaijan is payable by customs authorities to the State Budget within 1 banking day starting from 1 January 2023.

VAT refund on non-cash transactions to be increased up to 17.5%

In order to stimulate non-cash transactions in Azerbaijan, a refund of 17.5% of the VAT paid is planned from next year.

4 more brands of energy drinks are not such

The Food Safety Agency conducted lab tests, during which samples of energy and soft drinks produced in the country and imported into the country were taken

Turkey overtakes Germany on exports to Russia

In September, supplies of goods from Turkey to Russia exceeded the monthly record in monetary terms and reached $1.15 bn.

Turkey's exports to Russia reached a record level

This September’s supplies of goods from Turkey to Russia exceeded the monthly record in monetary terms and reached $1.15 bn.

Rating of Azerbaijan’s state-run nonoil exporters published

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

Azerbaijan's export for September unveiled

As of September 2022, exports amounted to $3.3 bn and exports of the nonoil sector totaled $231.2 million.

Rating of nonoil private exporters published

Orders for $356 million received through Azexport.az portal

The orders for the export of products for $356.3 million were received through Azexport.az portal for Jan-Sept 2022

Azerbaijan’s overall export for Jan-Sept 2022

The October issue of the Export Review has been presented.

Countries where Azerbaijan exports most of all nonoil goods

Following Jan-Sept 2022, carbamide took the 1st place in the list of Azerbaijan’s nonoil exports - $163.5 million.

Expert: Bread price should decrease

If the cost of the imported product is low, the price of the final product obtained from this raw material must necessarily change.

Azerbaijani Trading House opens in Qatar

Azerbaijan's Trading House has opened in Doha, the capital of Qatar.

Goods without marking in Azerbaijani language not to be allowed for sale

The import of products to Azerbaijan that do not have markings in Azerbaijani language will be prevented.

Trendyol intends to develop in this country - agreement signed

Rate of e-commerce transactions has grown 2.7-fold for Jan-Sept

The non-cash transactions with payment cards in Azerbaijan increased by 2.2 times for Jan-Sept 2022 (against Jan-Sept 2021), including 2.7-fold growth on e-commerce transactions.

Tariff Council held a meeting on drug prices

At today's regular meeting of the Tariff (Price) Council, prices for 76 medicines that have passed state registration were approved.

Embassy’s rep: China's manufacturing sector to contribute to development of Azerbaijan

An exhibition with the participation of about 80 Chinese companies has opened in the Baku Expocenter.