Describes how widely e-Commerce is used, the primary sectors that sell through e-commerce, and how much product/service in each sector is sold through e-commerce versus brick-and-mortar retail. Includes what a company needs to know to take advantage of e-commerce in the local market and , reputable, prominent B2B websites.
Last Published: 8/18/2016

Electronic commerce is steadily increasing in Azerbaijan.  The growing number of ATMs has increased the level of e-commerce to the market, and some B2B websites have also appeared.  The number of credit/debit card transactions is rising, and as of 2016 many hotels, restaurants, supermarkets, and mid-range shops increasingly accept credit or debit card payments.  Many shippers, however, are reluctant to send goods without pre-payment, and commerce is limited by a lack of clear and effective legislation and the prevalence of the shadow economy.  The Ministry of Taxes has pushed retail businesses to install Point of Sale (POS) devices, but the economy is still cash-based as many small retail businesses have not utilized POS devices in their place of business. 

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Azerbaijan eCommerce Industry Trade Development and Promotion eCommerce