Azerbaijan, Baku, May 8 / Trend H.Veliyev /
In January-March, the e-commerce market's volume in Azerbaijan hit 363,700 manat, the State Statistics Committee said on Tuesday.
E-commerce participants are legal entities and individuals engaged in e-commerce who are buyers of goods and services.
The total retail sales in Azerbaijan over the past period was 5.3 billion manat, of which 679.7 million manat have fallen to the share of legal entities, 2.5 billion manat - private entrepreneurs engaged in trade without legal registration, 2.2 billion manat - individuals operating in the markets and fairs. Some 3.1 billion manat have fallen to the food products and 2.2 billion manat - non-food products.
The official exchange rate is 0.786 AZN to $1 on May 8.