Azerbaijan's hybrid cars imports from China skyrocket

Azerbaijan imported 1,235 hybrid cars, valued at $40.2 million in January 2024, up 32% and 91%, respectively, up from the previous year, Report informs via the State Statistical Committee.

In January 2024, Azerbaijan purchased 394 units (+5 times) of hybrid cars from China worth $11.3 million (+5.6 times), 339 units (-35%) from Japan worth $6.9 million (+47), 158 units (+60%) from the US worth $6.45 million (+2.2 times), 102 units (-22%) from Germany worth $6.1 million (-25%), and 72 units from South Africa worth $4.1 million (no supply a year ago).

Meanwhile, 48.3% of the 14,000 hybrid cars imported to Azerbaijan from 20 countries in 2023 came from Japan.