Pirallakhi Industrial Park sold products for 53 million manats

To date, the Pirallakhi Industrial Park, managed by the Economic ZonesDevelopment Agency (under the Ministry of Economy of Azerbaijan), has sold products for 53 million manats.

AZPROMO sharply reduces its obligations

In 2023, the revenues of the Azerbaijan Export & Investment Promotion Agency (AZPROMO) totaled 6.158 million manats and expenses - 6.187 million manats (59.8% and 2.4-fold more than in 2022, respectively).

Olive oil has risen in price in Azerbaijan

This June, average selling price of 1 liter of olive oil in Azerbaijan was 17 manats (1.40 manats or 9% more than in June 2023)

Corn oil has fallen in price by 1 manat

In June 2024, the average selling price of 1 liter of corn oil in Azerbaijan was 5.94 manats (1.04 manats or 15% less than in June 2023), ABC.AZ reports, referring to the State Statistics Committee.

Azerbaijan halts poultry meat imports from two countries

Georgia's wheat reserves virtually exhausted

Wheat reserves in Georgia have actually been exhausted, and mills will stop working in the coming days, as the country has begun to import flour actively

Iran's trade turnover with its neighbors increased by 6%

Profit of Azərkontrakt decreased 3.6-fold

Azərkontrakt OJSC completed 2023 with net profit of 41.703 million manats (3.6-fold less than in 2022).

Nearly 30 Go Crispy and Tea Time restaurants to open in Azerbaijan

Around 30 Go Crispy and Tea Time restaurants are planned to open in Azerbaijan.

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.