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Volume of e-commerce market increases in Azerbaijan

ICT Materials 24 January 2017 11:09 (UTC +04:00)

Baku, Azerbaijan, Jan. 24

By Huseyn Veliyev – Trend:

The volume of electronic commerce (e-commerce) market in Azerbaijan amounted to 15 million manats in 2016, said the country’s State Statistics Committee in a message.

Total volume of retail electronic commerce increased by 17.9 times in Azerbaijan in 2016 as compared to 2015.

In 2016, total turnover of retail trade in Azerbaijan amounted to 30.2 billion manats, which is by 17.5 percent more than in 2015.

In 2016, goods were obtained by 99.8 percent of non-state business entities, including 10.7 percent of enterprises which have legal entity statuses.

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