Cost of products sold in Azerbaijan's retail outlets up from early 2021

Business Materials 19 May 2021 10:18 (UTC +04:00)
Cost of products sold in Azerbaijan's retail outlets up from early 2021

BAKU, Azerbaijan, May 19

By Fidan Babayeva - Trend:

The total cost of products sold in Azerbaijan’s retail outlets from January through April 2021 made up 12 billion manat ($7 billion), which is by 0.1 percent less compared to 4M2020, Trend reports referring to the Azerbaijani State Statistical Committee.

According to the committee, the turnover of food, drinks, and tobacco products amounted to 6.6 billion manat ($3.8 billion) and non-food products – 5.4 billion manat ($3.1 million).

In the first four months of 2021, the cost of sold food products increased by 2.2 percent while non-food products decreased by 4.8 percent on annual basis.

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


Revenues from sale

Percentage ratio compared to 4M2020

Retail trade turnover

12 billion manat ($7 billion)




5.8 billion manat ($3.4 billion)


textiles, clothing, and footwear

1.6 billion manat ($940 million)


electrical goods and furniture

579.1 million manat ($340.6 million)


computers, telecommunications equipment, and printing products

86.9 million manat ($51.1 million)


pharmaceutical and medical products

283.7 million manat ($166.8 million)



736.1 million manat ($433 million)


other non-food products

2.08 billion manat ($1.22 billion)

- 8.8

Some 49 percent of the funds spent by buyers from January through April this year accounted for food, 13.7 percent - textiles, clothing, and footwear; 4.8 percent - furniture and electrical appliances, 8.1 percent of the total spent funds - the purchase of gasoline, 2.4 percent - pharmaceutical and medical products, 0.7 percent - computers, telecommunications equipment, and printing products.

Some 17.4 percent of the share of the total amount accounted for other non-food products in the first 4 months of 2021.

Meanwhile, the average monthly retail trade turnover per capita amounted to 300.4 manat ($176.7).

(1 USD = 1.7 manat on May 19)


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