Aze.US Online purchases in Azerbaijan could soon become more expensive as lawmakers consider applying value-added tax (VAT) to goods ordered remotely through foreign digital platforms. Under the proposal discussed in parliament, non-resident online marketplaces with annual turnover exceeding $10,000 would be required to register for tax purposes within 30 days and begin paying VAT in … Read more
Aze.US Demand for chicken meat increased significantly in Azerbaijan in 2025, reflecting shifting consumer behavior amid changing economic conditions. According to the State Statistics Committee, retail meat sales rose 44.7% year-on-year, exceeding 188 million manats. At the same time, buyers are increasingly choosing poultry over beef, driven largely by price differences. Butchers report weakening purchasing … Read more
Aze.US In 2025, Azerbaijani citizens traveling overseas directed most of their spending toward transportation, lodging, and dining, according to statistical data cited by Valyuta.az. The bulk of these expenditures was concentrated in two destinations – Turkey and Russia. More than 745 million manats were spent on transportation services alone. Of that total, 285 million manats … Read more
Aze.US The figure marks a strong rebound for the sector after a weaker performance a year earlier.In 2024, steel pipe output totaled 109,800 tons, representing a 62.3 percent decline compared with 2023. As of January 1, 2026, inventories of finished steel pipe products held by industrial enterprises stood at 4,500 tons, the statistics showed. The … Read more
Aze.US Azerbaijan’s insurance sector is projected to expand by at least 10 percent this year, according to Elmar Mirsalayev, Executive Director of the Azerbaijan Insurers Association. Mirsalayev said the industry has demonstrated stable growth and resilience in recent years, a trend he expects to continue in the near term. Strategic policy documents approved by the … Read more
Aze.US For decades, Azerbaijan’s economy was defined primarily by energy. Oil revenues shaped state budgets, infrastructure investment, and the country’s global economic identity. That reality is still present in 2026. But it is no longer the whole picture. A quieter transformation is underway – one in which non-oil sectors are beginning to determine long-term stability … Read more