Trade turnover in Baku increases by 5%

In 2022, the volume of trade turnover in Baku increased by 5% compared to 2021 and amounted to 30.819 billion manats ($18.1 billion), Report informs, citing the Baku City Statistics Department.

The value of food products, beverages, and tobacco products sold in the city’s trade network increased by 16.9% compared to the corresponding period of the previous year to 18.698 billion manats ($10.99 billion), and the volume of non-food products decreased by 9% to 12.121 billion manats ($7.13 billion).

About 32.5% of consumer products were sold in enterprises with legal entity status, 52.3% in commercial facilities belonging to individual entrepreneurs, and 15.2% in product markets of the capital.