European countries sharply reduces purchases of hazelnuts from Azerbaijan

The largest buyers of Azerbaijani hazelnuts after Russia - European countries - have reduced their purchase volumes this year.

Customs officers prevent illegal import of cigarettes and medicines

Employees of the Main Customs Directorate for Air Transport prevented the illegal movement of cigarettes and other goods not marked with an excise stamp across the customs border.

Azerbaijan posts 3% increase in tomato consumption

Tomato consumption by the population in Azerbaijan in 2023 amounted to 627,360 tons in 2023, which is 2.9% more than in 2022.

Azerbaijan witnesses decline in bread consumption

In 2023, per capita bread consumption in Azerbaijan was 116.6 kg, which is 5.9 kg less than in 2022.

Kazakhstan restricts apple imports

The government of Kazakhstan has introduced a temporary ban on the import of apples by road transport from third countries, except for EAEU countries, until the end of 2024.

Azerbaijani company exports cotton oil to two countries

The Shirvan Oil Processing Plant has begun exporting its products to Malaysia and Georgia for the first time.

Azerbaijan increased alcohol exports

The production of ethyl alcohol in Azerbaijan for January-July of this year increased by 23.9% compared to the same period last year.

State Agency for Antimonopoly and Control Over the Consumer Market is established under President of Azerbaijan

EU trade surplus reaches €40.4 billion in Q2 2023

The European Union has maintained a positive trade balance for the fourth consecutive quarter, with a surplus of €40.4 billion in the second quarter of 2023, according to the latest data from Eurostat.

Azerbaijan's trade turnover with BRICS countries reaches almost $6 billion

In January-July 2024, Azerbaijan's trade turnover with BRICS countries amounted to $5,837,895,000/

China's largest export partners - List

The largest export partners of China have been announced.

Butter prices in Netherlands soar to record high

The price of butter in the Netherlands continued its upward trajectory, reaching a new record of €755 per 100 kg, with an increase of €20 in the 34th week of the year.

Rice shortage observed in Japanese supermarkets

In recent weeks, Japan has been experiencing a shortage of rice in stores: shelves are often empty, and signs appear at counters asking customers to limit themselves to one bag per person.

Azerbaijan's advertising market grows significantly

The advertising market in Azerbaijan has grown by almost 40% in 2023 compared to the previous year.

Apple to discontinue iPhone 15 Pro and Pro Max sales

Apple is gearing up for a significant product announcement in September, with the highly anticipated unveiling of the iPhone 16 and new AirPods.

Ukraine exceeds export limits to the EU

Exceeding the agreed limits for product supplies from Ukraine to the EU has triggered the EU's "emergency brake" in all agricultural sectors except corn and poultry.

More than 400 dietary supplements with prohibited substances found on marketplaces in Russia

Roskachestvo has revealed over 400 dietary supplements containing prohibited substances on marketplaces. Such products were found on Wildberries, Ozon, and Yandex Market.

Tashkent hosting exhibition "Economic Highlights-Stepping Stones to Shared Prosperity"

As part of the Azerbaijani President’s official visit to Uzbekistan, Azerbaijan's economic potential is on full display at the "Economic Highlights – Stepping Stones to Shared Prosperity" exhibition in Tashkent.

Azerbaijan and Uzbekistan intend to open trade houses

Public catering facilities, national pavilions, and trade houses of Uzbekistan are planned to be established in the cities of Baku and Shusha, and trade houses of Azerbaijan in the cities of Tashkent and Samarkand.

Public catering turnover grows by more than 8%

In January-July 2024, the turnover of public catering establishments in Baku amounted to 828 million manats.

Walmart sells $3.74 billion JD.com stake

Walmart, the biggest shareholder of Chinese e-commerce firm JD.com, has sold its entire stake, according to a person familiar with the matter, exiting an eight-year investment to focus on its own operations in China.