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Volume of e-commerce market increases in Azerbaijan

ICT Materials 18 February 2017 17:41 (UTC +04:00)

Baku, Azerbaijan, Feb. 18

By Huseyn Valiyev – Trend:

The volume of electronic commerce (e-commerce) market in Azerbaijan amounted to 3.1 million manats (official exchange rate on Feb. 18 is 1.7352 AZN/USD) in January 2017, said the country’s State Statistics Committee in a message.

Total volume of retail electronic commerce increased by 2.4 times in Azerbaijan in January 2017 as compared to January 2016.

In January 2017, total turnover of retail trade in Azerbaijan amounted to 2.6 billion manats, which is by 1.3 percent more than in January 2016.

In January 2017, goods were obtained by 99.9 percent of non-state business entities, including 11.9 percent of enterprises which have legal entity statuses.

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