Azerbaijan's foreign trade turnover has fallen in 9 months

Azerbaijan's foreign trade turnover reached $34.498 billion for Jan-Sept 2024 (11.8% less against the 2023 same term).

Azerbaijan establishes a new customs duty on import of these products

A new customs duty has been established for import of live and chilled fish species and safety shoes.

Alibaba presents updated version of its AI-based translator

Chinese e-commerce giant Alibaba has unveiled an updated version of its artificial intelligence-based automatic translation tool, which the company claims is superior to products from Google, DeepL and ChatGPT.

Turkiye's exports to neighboring countries rose up to $18 bn

Population spent 55% of their money on food, beverages and tobacco products

Over Jan-Sept 2024, products for 42.7 bn manats were sold to consumers in the retail chain, including food, beverages and tobacco products for 23.5 billion manats and non-food products for 19.2 billion manats.

Balance in Azerbaijan's foreign trade balance reaches $4.68 bn

Azerbaijan's non-oil exports increased by 1.3%

Over Jan-Sept 2024, Azerbaijan's non-oil exports increased by 1.3% year-on-year and amounted to $2.5 billion

Türkiye imposes anti-dumping duties on steel from Russia

Türkiye has imposed anti-dumping duties on imports of hot-rolled flat steel from major manufacturers in Russia, China, India and Japan.

Bread production company under liquidation in Azerbaijan

The liquidation of Pirallah-çörək OJSC (TIN: 1200050491) has been announced.

India's tea exports grew by 25% for Jan-Jul 2024

India exported 144,500 tons of tea for Jan-Jul 2024 (almost 24% more versus the 2023 same term).

Trendyol Expands International Presence with the Opening of New Office in Baku Photo

Export of ready-to-wear clothing from Türkiye to Azerbaijan has decreased

Turkish ready-to-wear clothing exports to Azerbaijan decreased by 19.8% for Jan-Sept 2024 versus the 2023 same term to $45.6 million

China to raise import duties on European meat and dairy products

The measure is being introduced in response to EU's decision to tighten duties on imports of electric cars from China.

China sent a complaint to WTO in connection with Türkiye

China has filed a complaint against Türkiye to the World Trade Organization

Clarity made on Halal mark on products sold in markets

Halal mark on goods sold in markets in Azerbaijan has no legal and technical basis.

Azerbaijan begins halal certificate issuance

Certification body AZSTANDART Halal of the Azerbaijan Institute of Standardization, subordinate to the State Service for Antimonopoly Supervision & Consumer Market Control, is accredited by the Halal Accreditation Agency of the Republic of Türkiye.

Development of halal products sector in Azerbaijan is necessary - Minister

The recent flow of tourists from Muslim countries necessitates the development of the halal products sector in Azerbaijan.

Halal products to be certified in four categories

Azerbaijan to certify halal products in four categories.

Turnover with use of new-generation cash registers in Azerbaijan has increased

Turnover through cash registers of new-generation in Azerbaijan for the period from January to September of this year reached approx. 17.7 billion manats.

Fish resources of the North Atlantic undermined, and countries haven’t agreed

Reason for high cost of olive oil in Azerbaijan

When there is an abundance of olives in Azerbaijan and entrepreneurs will not be able to export them, since the product is not for sale, then they will think about lowering prices.