More than 14,000 transport means were imported to Azerbaijan in January and February of this year in Azerbaijan. In February import dropped by 2.4% compared with the previous month.
According to the State Customs Committee, in February 6962 transport means were delivered to the country; in January - 7130.
The import of cars totaled 91.2% or 12,856. The SCC in contrast to last year, does not disclose data on second hand cars. Since the summer of 2012 the used cars must meet minimum environmental standards Euro-3.
In January this year, 209 buses, 894 trucks and 132 special equipment were brought to the country.
In 2012, imports of cars in Azerbaijan rose by 38% and totaled 89,652 units.
According to the SCC, total declared value of the transport means and spare parts delivered to the country was $115.6 million; by 13.7% less compared with the same period of last year. 08D
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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