Retail trade turnover in Azerbaijan grows

Retail trade turnover in Azerbaijan grows

BAKU, Azerbaijan, Jan. 21

By Eldar Janashvili – Trend:

The cost of products sold in Azerbaijan’s retail network amounted to 39.4 billion manat ($23.1 billion) in 2019, exceeding the indicator of 2018 by 3.6 percent, Trend reports on Jan. 21 referring to Azerbaijan’s State Statistics Committee.

The turnover of products, drinks and tobacco products amounted to 20 billion manat ($11 billion), non-food items – 19.4 billion manat ($11.4 billion), the cost of sold products, respectively, was 3.2 percent and 4 percent more than in 2018.

During the reporting period, the commodity market was characterized by the following indicators:

Names of product groups

Revenues from sales (manat)

Percentage ration compared to 2018

Retail trade value

39.3 billion ($23.1 billion)



Food products

18 billion ($10 billion)


Drinks and tobacco products

1.9 billion ($1.1 billion)


Textile products, clothes and footwear

6.9 billion ($4 billion)


Electrical goods and furniture

2.3 billion ($1.3 billion)


Computers, telecommunication equipment and printing products

342.6 million ($201.5 million)


Pharmaceutical and medical products

528.1 million ($310.6 million)


Motor fuel

2.3 billion ($1.3 billion)


Other non-food products

6.9 billion ($4 billion)


Some 45.8 percent of the funds spent by buyers (of consumer goods) accounted for food products, 4.9 percent for drinks and tobacco products, 17.5 percent for textile products, clothes and footwear, 6 percent for furniture and electrical goods, 5.9 percent for the purchase of motor fuel, 1.3 percent for pharmaceutical and medical products, 0.9 percent for computers, telecommunications equipment and printing products. Some 17.7 percent of the total value accounted for other non-food items in 2019.

Around 21 percent of consumer goods were sold by trading companies in 2019. Individual entrepreneurs accounted for 52 percent, markets and fairs - 27 percent of the specific share.

The retail trade turnover in real terms increased by 29.8 percent for enterprises, 2 percent for individual entrepreneurs and 8 percent for markets and fairs in 2019 compared to 2018.

The average monthly turnover of retail trade per capita in 2019 amounted to 331.4 manat ($194.9) or 16.6 manat ($9.7) more in nominal terms than in 2018.

The average monthly volume of the sold food products per person amounted to 168 manat ($98), non-food items - 163.4 manat ($96.1) in 2019.

($1= 1.7 manat on Jan. 21)


Follow the author on Twitter: @eldarjanashvili

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