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Azerbaijan reveals eleven-month retail trade turnover for ICT products

ICT Materials 17 December 2020 11:16 (UTC +04:00)
Azerbaijan reveals eleven-month retail trade turnover for ICT products

BAKU, Azerbaijan, Dec. 17

By Sadraddin Aghjayev - Trend:

Computers, electronic, optical, and electrical equipment worth 207.8 million manat ($122.2 million) were produced in Azerbaijan from January through November 2020, Trend reports citing a report of the Azerbaijani State Statistical Committee.

According to the committee, compared to the same period of last year the production of computers, electronic and optical products grew by 51.2 percent, and electrical equipment – by 17.2 percent.

The turnover of retail trade in computers, telecommunications equipment, and printed materials totaled 286.8 million manat ($168.7 million) in the past 11 months of 2020, which is the rise of 5.6 percent year on year.

The volume of production of these products in Azerbaijan reached 276.8 million manat ($162.8 million) in 2019.

(1 USD = 1.7 manat on Dec. 17)

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Follow the author on Twitter: @agdzhaev

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