BAKU, Azerbaijan, Feb.3
By Fidan Babayeva – Trend:
The volume of trade turnover of Azerbaijan’s Baku rose by 0.5 percent in 2020, compared to 2019, making up over 23 billion manat ($13.5 billion), Trend reports referring to the Baku City Statistical Department.
According to the department, in the reporting year, the volume of food, beverages, and tobacco products sold in the retail chain of Baku was 6.4 percent more than in 2019 and totaled over 11.7 billion manat ($6.8 billion).
At the same time, the volume of sales of non-food products decreased by 4.6 percent and amounted to 11.28 billion manat ($6.6 billion).
Some 29.4 percent of consumer products were sold in enterprises with the status of a legal entity, 54.2 percent - in trade facilities owned by individual entrepreneurs, and 16.4 percent - in Baku’s markets.
In 2019, the volume of Baku’s trade turnover rose by 4.2 percent compared to 2018 and reached 22.2 billion manat ($13 billion).
The volume of food, drinks, and tobacco products sold in the trading network in Baku increased by 0.8 percent year-on-year and surpassed 10.5 billion manat ($6.1 billion).
The volume of sales of non-food products increased by 7.7 percent and amounted to over 11.6 billion manat ($6.8 billion).
(1 USD = 1.7 AZN on Feb.3)
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