Azerbaijan discloses cost of products sold in retail chains from Jan. through Nov. 2020

Business Materials 14 December 2020 09:16 (UTC +04:00)
Azerbaijan discloses cost of products sold in retail chains from Jan. through Nov. 2020

BAKU, Azerbaijan, Dec. 14

By Fidan Babayeva - Trend:

The cost of products sold in retail chains from January through November 2020 in Azerbaijan amounted to 35 billion manat ($20 billion), which is 1.4 percent less compared to the same period of 2019, Trend reports citing reports from the Azerbaijani State Statistics Committee.

According to the committee, the turnover of food, drinks and tobacco products amounted to 18.8 billion manat ($11.05 billion), and non-food products – 16.19 billion manat ($9.5 billion).

The cost of sold food products increased by 3.1 percent compared to the same period of 2019, while non-food products decreased by 6 percent.

During the reporting period, the commodity market indicators was as follows:


Revenues from sale

Percentage ratio to January-November 2019

Retail trade turnover

35,046.3 billion manat ($20.6 billion)




17,082.6 billion manat ($10.04 billion)


textiles, clothing and footwear

5,728.6 billion manat ($3.4 billion)


electrical goods and furniture

1,957.1 billion manat ($1.1 billion)


computers, telecommunications equipment and printing products

286.8 million manat ($168.7 million)


pharmaceutical and medical products

644.7 million manat ($379.2 million)


automotive fuel

1,869.1 billion manat ($1.09 billion)


other non-food products

5,708.2 billion manat ($3.3 billion)


In the past eleven months of this year, 48.7 percent of the funds spent by buyers accounted for food, 16.4 percent - textiles, clothing and footwear; 5.6 percent - furniture and electrical appliances, 5.3 percent of the total spent funds - the purchase of automotive fuel, 1.8 percent -pharmaceutical and medical products, 0.8 percent - computers, telecommunications equipment and printing products. Some 16.3 percent of the share of the total amount accounted for other non-food products.

"Trade enterprises sold about 23.2 percent of consumer goods from January through November 2020. Individual entrepreneurs accounted for 53.4 percent, markets and fairs – 23.4 percent of the specific share," the report said.

The share of retail turnover increased by 7.7 percent for enterprises, by 4.3 percent for individual entrepreneurs, and decreased by 18.5 percentage points for markets and fairs.

The average monthly retail trade turnover per capita amounted to 319.3 manat ($187.8) from January through November 2020, increasing by 3.3 manat ($1.9) than in the same period of 2019.

The average monthly volume of sold food products per capita amounted to 171.8 manat ($101.05) and non-food products – 147.5 manat ($86.8) in 2019.

(1 USD = 1.7 manat on Dec. 13)


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