In May, Azerbaijan received 491 vehicles, 111 more than in April.
According to the State Customs Committee, in January-May purchased abroad were 2,233 cars, 13,262 or 6.9 times less than in the comparable period of 2015.
Since the beginning of the year 1,939 cars, 32 buses, 204 trucks and 58 units special equipment have been supplied.
Reducing the number of imported cars is a sign of deep recession in the economy of Azerbaijan. Not only the official representatives of automobile companies, but also the banking and service sectors and others lose from this. The decline in car import has been observed since 2014. -----08D
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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