In January-July, the citizens of Azerbaijan for commodities spent 10.7 billion manat (+9.2% compared to the same period last year).
According to the State Statistics Committee, the majority of funds (52.1%) occurred on food. Officialdom emphasizes that the proportion of non-food products (47.9%) grew by 4.5% in comparison with the position on 1 August 2012.
In the first half via plastic cards sellers gain by selling 1.3 million manat, which is 1.7 times higher than last year. At the same time 86.1% of the turnover of electronic trading - the share of legal persons, and 92.8% spent on non-food items, suggesting the unpopularity and lack of a mechanism to promote this kind of trade. - 17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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