Cost of products sold in Azerbaijani retail outlets rises in 7M2021

Business Materials 11 August 2021 17:41 (UTC +04:00)
Cost of products sold in Azerbaijani retail outlets rises in 7M2021

BAKU, Azerbaijan, Aug.11

By Zeyni Jafarov - Trend:

The total cost of products sold in Azerbaijan’s retail outlets has grown from January through July 2021, Trend reports referring to the Azerbaijani State Statistics Committee.

According to the committee, this indicator made up 22.9 billion manat ($13.4 billion), which is by 2.6 percent more on annual basis.

In the first seven months of this year, the turnover of food, drinks, and tobacco products amounted to 12.38 billion manat ($7.28 billion) and non-food products – 10.55 billion manat ($6.21 million).

The cost of sold food products has increased by 2.4 percent while non-food products - by 2.8 percent from January through July 2021 compared to the same period of 2020.

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


Revenues from sale

Percentage ratio compared to the period from January through July 2021

Retail trade turnover

22.9 billion manat ($13.4 billion)




11.17 billion manat ($6.57 billion)


drinks and tobacco products

1.2 billion manat ($710 million)


textiles, clothing, and footwear

1.2 billion manat ($710 million)


electrical goods and furniture

1.19 billion manat ($700 million)


computers, telecommunications equipment, and printing products

193.9 million manat ($114 million)


pharmaceutical and medical products

505.4 million manat ($297.3 million)



1.39 billion manat ($820 million)


other non-food products

4.1 billion manat ($2.4 billion)


Some 48.7 percent of the funds spent by buyers from January through July 2021 accounted for food, 13.8 percent - textiles, clothing, and footwear; 5.2 percent - furniture and electrical appliances, 6.1 percent of the total spent funds - the purchase of gasoline, 2.2 percent - pharmaceutical and medical products, 0.8 percent - computers, telecommunications equipment, printing products, 17.9 percent – other non-food products.

Meanwhile, the average monthly retail trade turnover per capita amounted to 327.2 manat ($192.4).

(1 USD = 1.7 AZN on Aug.11)


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