Azerbaijan, Georgia increase trade by 44
Trade with Georgia accounted for approximately 2% of Azerbaijan's total foreign trade turnover
Azerbaijani economy
Azerbaijan increases cotton exports by 30 percent
Cotton fibre and yarn exports generated nearly $170 million for Azerbaijan this year.
Trade turnover between Azerbaijan and Uzbekistan tripled
Azerbaijan's President Ilham Aliyev has reported that trade between Azerbaijan and Uzbekistan tripled last year and continued to grow by 33% in the first half of 2026.
Oil transit via Baku-Tbilisi-Ceyhan falls 8,5 percent
Oil exports via the Baku–Tbilisi–Ceyhan pipeline fell by 8.5% this year, with 14.7 million tonnes transported through the route.
Azerbaijan sets transit traffic record
Azerbaijan transited more than 9 million tonnes of cargo in the first seven months of 2026, the highest figure in five years.
Azerbaijan's non-oil exports grow 18 percent this year
Azerbaijan significantly increased its exports of products from non-oil sectors, reaching $2.5 billion.
Trade turnover between Azerbaijan and Georgia up 45 percent
Trade turnover between Azerbaijan and Georgia rose by 45% in the first half of the year, reaching $575 million.
Exports from Azerbaijan to CIS countries exceed 1 billion dollars
Azerbaijan's exports to CIS countries increased by 18% in the first half of the year, with the total value exceeding $1 billion.
Foundation stone for Hakarichay Reservoir laid in Lachin
Today, President of Azerbaijan Ilham Aliyev laid the foundation stone for the Hakarichay Reservoir in Lachin, according to the press office of the President of Azerbaijan.
World Bank highlights Azerbaijan's tourism potential
Azerbaijan needs to accelerate the diversification of its economy, and tourism could become one of the key sources of sustainable growth in the long term, the World Bank’s Regional Director for the South Caucasus, Rolande Pryce said at the event “Unlocking Tourism's Potential to Drive Economic Growth and Diversification.”
Black Sea Trade and Development Bank head assessed Azerbaijan's regional role
Azerbaijan has established itself as a strategic hub connecting the East and West, and the North and South, President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal said during the BSTDB business forum in Baku.
Central Bank of Azerbaijan reports foreign exchange reserve growth
Since the start of the year, Azerbaijan's foreign exchange reserves have grown by 14%, surpassing $13 billion, the Central Bank reported
Azerbaijan, Irkutsk Oblast deepen cooperation
The parties discussed expanding ties in trade and tourism
Baku and Islamabad discuss developing economic cooperation
Officials from Azerbaijan's and Pakistan's economic ministries held talks on boosting trade and investment, and also discussed ways to broaden business community contacts.
Azerbaijan and Iran discuss cooperation in trade and transport
Azerbaijan and Iran held talks on expanding cooperation in trade, transport, and investment, and agreed to reinforce bilateral business links.
Ilham Aliyev: Azerbaijan demonstrates stable and successful economic development
One of the things which has not changed is Azerbaijan’s stable, successful development, Azerbaijani President Ilham Aliyev said during his speech at the opening ceremony of the 2026 Annual Meetings of the Islamic Development Bank Group.
Peace with Azerbaijan gives boost to Armenian economy, Pashinyan says
The head of the Armenian government noted that the people of the country have chosen the path of peace and "stood up to defend it."
World Bank raises forecast for Azerbaijan's economic growth
A more positive outlook for Azerbaijan's economy has been published by the World Bank, which projects GDP growth of 2% in 2026.
Share of non-oil sector in Azerbaijan's economy exceeds 71 percent - Jabbarov
More than 71% of Azerbaijan’s economy belongs to the non-oil sector, Azerbaijan’s Minister of Economy Mikayil Jabbarov said in an interview …
Azerbaijan to raise annual agricultural exports to 2bln dollars
Azerbaijan plans to increase the annual value of its agricultural exports from the current $1.5 billion to $2 billion by 2030, Azerbaijan's Deputy Minister of Agriculture Zaur Aliyev said at a press conference dedicated to the State Program on the Development of Agriculture, Fisheries, and Aquaculture Production and Processing for 2026-2030.
