Baku, Azerbaijan, Sept. 10
By Huseyn Valiyev - Trend:
The e-commerce market volume amounted to 1.7 million AZN in Azerbaijan in January-August 2014, the Azerbaijani State Statistics Committee said Sept. 9.
The total volume of retail e-commerce in Azerbaijan increased by 6.9 percent compared to the same period of 2013.
E-commerce market participants are legal and physical entities engaged in e-commerce and buyers of goods and services.
Some 78.4 percent of goods purchased in electronic form by the population of Azerbaijan during reporting period accounted for legal entities and 21.6 percent - physical entities. Non-food products accounted for 88.9 percent of e-commerce market turnover.
The total retail trade volume amounted to 13.6 billion AZN in Azerbaijan in January-August 2014. The sales of consumer goods in the country increased by 9.3 percent compared to the same period of last year.
About 50.3 percent fell to consumer goods (food, beverages and tobacco), and 49.7 percent manat - to non-food products. The share of non-food products increased by 3.4 percentage points during the reporting period
The official exchange rate is 0.7843 AZN/USD on Sept. 10.