E-commerce market volume reaches $10M in Azerbaijan
Baku, Azerbaijan, Nov. 11
By Huseyn Valiyev - Trend:
E-commerce market volume amounted to 10.5 million manat in Azerbaijan as of January-October 2015, the Azerbaijani State Statistics Committee said Nov. 11.
The total volume of retail e-commerce in Azerbaijan increased by 1.9 times compared to the same period of 2014.
Some 91.9 percent of goods purchased in electronic form by the population of Azerbaijan in January-October 2015 accounted for legal entities and 8.1 percent - physical entities.
Non-food items accounted for 96.3 percent of e-commerce market turnover.
The total retail trade volume amounted to 20.4 billion manat in Azerbaijan in January-October. The sales of consumer goods in the country increased by 11.2 percent compared to the same period of 2014.
The official exchange rate is 1.0504 AZN/USD Nov. 11.