
Azerbaijan’s foreign trade increases by 70% in January
Azerbaijan’s foreign trade turnover reached over $5 billion in January 2025, according to the Azerbaijani State Customs Committee. This …
Azerbaijan’s foreign trade turnover reached over $5 billion in January 2025, according to the Azerbaijani State Customs Committee. This …
The State Oil Fund of Azerbaijan (SOFAZ) has invested 34.5 million euro in Italy's leading high-speed railway operator "Italo". …
Since the beginning of the year, Russia has imported more than 900 tons of butter from Azerbaijan, which is four times higher than the figures recorded in January last year.
Trade turnover between Russia and Azerbaijan reached $4.749 billion in 2024, according to the State Customs Committee of Azerbaijan. In 2023, …
Chemical exports brought Azerbaijan almost $300 million last year, with the country shipping over 1 million tons of products abroad.
The Central Bank of Azerbaijan forecasts the country's economy to grow by 3.3% in 2025, the bank's chairman Taleh Kazimov said. According to him, Azerbaijan's economy grew by 4.1% in 2024, growth in non-oil products …
The Central Bank of Azerbaijan made a decision to leave the refinancing rate unchanged at the level of 7.25%. According to …
Azerbaijan has invested over $20 billion in Türkiye so far, Azerbaijani Foreign Minister Jeyhun Bayramov said at a joint press conference with Turkish Foreign Minister Hakan Fidan in Baku. “Several projects are …
Georgian Prime Minister Irakli Kobakhidze will pay visit to Azerbaijan on Friday, the country’s governmental press service reported. The PM will co-chair a session of the Georgia-Azerbaijan Intergovernmental Commission on …
Gas supplies to Europe from Azerbaijan are growing
The Asian Development Bank (ADB) has revised up the growth projection for the Caucasus and Central Asia to 4.9% from 4.7% for 2024 and to …
Azerbaijan boosted exports of agricultural and agro-industrial products 15.9% year-on-year to $989 million in January-November 2024, the Azerbaijani center for analyzing economic reforms and communications reported. The share of …
The meeting of the Azerbaijan-Russia Business Council was held in Baku on December 2. In addition to officials, the event was attended by representatives of more than 90 members of the Council - institutions and organizations working in …
Experts named which goods formed the basis of Azerbaijan's non-oil exports in 2024. The country's main income came from the sale of cotton.
Azerbaijan may soon become one of the most important automakers in the region
© Photo: Maria Novoselova/ Vestnik Kavkaza In recent years, Azerbaijan has seen its persimmon exports grow. The country has become the 2nd largest exporter of the sweet berry in the world. In …
Azerbaijan and Uzbekistan have exchanged signed agreements in various sectors, Azerbaijani Economy Minister Mikail Jabbarov said. “The Uzbek-Azerbaijani business forum hosted a ceremony of exchange of signed …
The production of electricity from renewable energy sources, including hydropower plants, in Azerbaijan exceeded 2.4 billion kilowatt-hours kWh from January through July 2024 - up 1.32 billion kWh (81.5%) year-on-year Data from the …
Fitch Ratings has upgraded Azerbaijan's State Oil Company (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB-' from 'BB+'. The Outlook on the Long-Term IDR is Stable, the Fitch Ratings press …
Azerbaijan's First Deputy Economy Minister Elnur Aliyev and Kyrgyz ambassador to Azerbaijan Maksat Mamytkanov held talks today.