Baku, Azerbaijan, Oct. 10
By Huseyn Veliyev - Trend:
The e-commerce market volume amounted to 4.4 million AZN in Azerbaijan in January-September 2014, the Azerbaijani State Statistics Committee said Oct. 10.
The total volume of retail e-commerce in Azerbaijan increased 2.4 times compared to the same period of 2013.
E-commerce market participants are legal and physical entities engaged in e-commerce and buyers of goods and services.
Some 91.2 percent of goods purchased in electronic form by the population of Azerbaijan during reporting period accounted for legal entities and 8.8 percent - physical entities. Non-food products accounted for 94.9 percent of e-commerce market turnover.
The total retail trade volume amounted to 15.5 billion AZN in Azerbaijan in January-September 2014. The sales of consumer goods in the country increased by 9.4 percent compared to the same period of last year.
About 50.1 percent fell to consumer goods (food, beverages and tobacco), and 49.9 percent manat - to non-food products. The share of non-food products increased by 3.5 percentage points during the reporting period
The official exchange rate is 0.7843 AZN/USD on Oct. 10.
