Azerbaijan’s Agricultural Sector Faces Productivity Challenges

Azerbaijan witnessed a 6.5% decline in the volume of imported vehicles in the first 11 months of 2024 compared to the same period last year. However, the total value of imports surged by nearly 10%, reflecting a shift in consumer preferences and pricing trends.

Azerbaijan's freight and passenger transportation rose by 3.3% and 8%, respectively, in the first 11 months of 2024 compared to the same period last year, according to the State Statistics Committee.

Azerbaijan has launched the "Fast Pass Card" for users of the Baku-Quba-Russia border toll road, the State Agency for Azerbaijan Highways announced on Monday.

Azerbaijan’s foreign trade turnover amounted to $43.11 billion during the first 11 months of 2024, reflecting an 8.9% year-on-year decline, according to data released by the State Customs Committee (DGK). The figures highlight a sharp contraction in exports and a notable increase in imports, reshaping the country’s trade dynamics.