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Baku sees increase in volume of trade turnover

Economy Materials 1 July 2022 13:24 (UTC +04:00)
Baku sees increase in volume of trade turnover
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 1. The volume of trade turnover in Azerbaijan’s Baku increased by 4.1 percent in the first five months compared to the same period in 2021 and amounted to 10.1 billion manat ($5.9 billion), Trend reports with reference to Baku City Statistics Department.

According to the department, sales of food, beverages and tobacco products in the trade network of Baku increased by 4.1 percent in the reporting period compared to the same period last year - up to 5.1 billion manat ($3 billion).

Sales of non-food products increased by 4.5 percent and exceeded 4.9 billion manat ($2.8 billion).

According to the department, 37.9 percent of sold products were sold to enterprises with the status of a legal entity, 34.5 percent - trade objects owned by individual entrepreneurs, and 27.6 percent - to the markets of the capital.

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