Russia-UAE trade turnover reaches historic high
Russia supplies the UAE with precious metals, diamonds, grains, and vegetable oils
Russia supplies the UAE with precious metals, diamonds, grains, and vegetable oils
In January-April 2026, Azerbaijan’s non-oil exports amounted to $1.1 billion, which is 13% more than in the same period of 2025, according to the May edition of the “Export Review” magazine published by the Center for Analysis of Economic Reforms and Communication.
In January-April 2026, Azerbaijan exported goods worth $9.646 million to Armenia, the State Customs Committee of Azerbaijan reported.
Azerbaijan supplied 700,600 tonnes of fruit and vegetable products to Russia in 2025, up 17.8% compared to the figure for the previous year (594,800 tonnes), the Federal Service for Veterinary and Phytosanitary Surveillance ( …
Rising demand from China has caused a record increase in U.S. ethane exports amid the Iran conflict and a shortage of petrochemical feedstock on the global market, the Financial Times newspaper reported.
Another shipment of petroleum products from Azerbaijan was sent to Armenia by rail today. The shipment includes nearly 990 tons of diesel fuel.
Russia retained its position as the leading importer of Georgian wine in the first quarter of 2026, buying 11,100 tons worth $32.6 million, which accounted for more than 62% of total wine exports.
Today, another shipment from Russia to Armenia was dispatched in transit through Azerbaijan.
This primarily concerns beverages: wine, beer, lemonade, and mineral water
Nuclear energy will become one of the components of Azerbaijan's energy balance, Azerbaijani Energy Minister Parviz Shahbazov said at an energy panel session at the Antalya Diplomacy Forum.
In March of this year, Azerbaijan imported goods worth $960 from Armenia for the first time, the Azerbaijani State Customs Committee reported.
In February of this year, Russia regained its status as the largest oil supplier to both India and China, providing around 1 million barrels per day.
Cotton exports brought Azerbaijan $41.1 million in January and February 2026, showing a 44.5% increase compared to the same period last year.
Since the beginning of the year, Russian corn exports to the Turkish market have reached 360,000 tons, a figure that is seven times higher than that of the previous year.
In January-February 2026, trade between Moscow and Tbilisi increased by 0.5%, reaching over $418 million.
Iraq has resumed oil exports via the Kirkuk-Ceyhan pipeline, the state-owned North Oil Company (NOC) said, according to the Iraqi news agency INA.
Indonesia has announced its readiness to purchase oil from Russia following the partial lifting of U.S. sanctions on the Russian energy resource, the country's Minister of Energy and Mineral Resources Bahlil Lahadalia said.
Azerbaijani Prime Minister Ali Asadov announced the volume of pipeline gas exports for the previous year, noting that Baku supplies gas to 16 countries.
Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has jeopardized broader supplies through the critical waterway.
Turkey will lose tens of billions of dollars in export revenues and tourism dollars from the Middle East if the Iran war lasts for three months, The Ekonomim business newspaper writes.