Trade turnover in Baku increases by 6%

From January through July 2022, the volume of trade turnover in Baku increased by 5.7% compared to January-July 2021 and exceeded 15.24 billion manats ($8.96 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 12.6% compared to the corresponding period of the previous year to 8.53 billion manats ($5.02 billion), and the volume of non-food products decreased by 1% to 6.71 billion manats ($3.95 billion).

About 36.3% of consumer products were sold in enterprises with legal entity status, 46.7% in commercial facilities belonging to individual entrepreneurs, and 17% in product markets of the capital.