Over seven months of this year Azerbaijan imported 58,258 units of vehicles. This is by 17.6% more than over the comparable period of 2012. According to the State Customs Committee, during this period of the year, officials and dealers, as well as individuals delivered to the country 52,673 passenger cars, by 23.1% more than over the same period of last year.
Due to the activity in the construction sector there is a demand for specialized equipment. The import of tractors, excavators, bulldozers, cranes and other construction equipment totals 556 units, by 6.1% more than over the comparable period of last year.
For other types of motor vehicle imports declined. Since the beginning of the year were purchased from abroad 4,486 trucks (19.9%), buses and vans - 543 (-14.5%.)
Civil society organizations are concerned about the growing number of vehicles in Azerbaijan because of poor level of road infrastructure. In this case, the exploitation term of half of the country's motor park is over 10 years, what leads to a deterioration of the environmental situation in the country.--08B—
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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