In the crisis in 2016 in Azerbaijan 5746 units of vehicles were delivered, which is 4.6 times less than in 2015.
The statistical analysis shows that car imports fell to historic lows in the past 15 years.
In 2016 was purchased abroad were 4,991 new and formerly used cars, which is 18,774 less than the previous year. Imports of buses and minibuses (96) decreased by 8.5 times, trucks (571) - 3.4 times, and machinery (88) - 2.7 times.
According to the State Customs Committee, 63,368 vehicles were imported in 2014, 104,385 in 2013, and 101,255 in 2012.
According to independent experts, the decline in imports of vehicles is due to internal objective reasons: economic decline, reduced incomes, savings on luxury goods, including expensive cars, etc. ----08D
Economics
-
Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
-
The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
-
Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
-
In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
Leave a review