E-commerce continues growth

By Nigar Orujova - AzerNews 

Electronic commerce in Azerbaijan continues its rise. In the first half of 2015, the volume of e-commerce amounted to 6 million manat in the country.

The State Statistics Committee reports, that in comparison with the same period of last year, the market of electronic commerce has grown by 1.9 times.

Over 96 percent of the turnover of the market accounted for nonfood purposes.

Most part of the goods – 93 percent – were purchased in online facilities in the commercial network owned by legal body and 7 percents by individuals.

Last year, the volume of e-commerce market in Azerbaijan amounted to 6.4 million manat, which is 2.4 times higher than the turnover for 2013.

The pace of e-commerce development is increasing in Azerbaijan monthly in line with ICT sector enlargement.

The number of internet users in Azerbaijan is increasing annually. Today, Azerbaijan is the leader among the Central Asian and CIS countries for Internet penetration and the country observes an increasing trend in the number of broadband Internet users. This leads to development of the e-commerce as well.