Azerbaijan reduces imports from Türkiye by 7 percent
The value of Turkish imports amounted to just under $1 bln
The value of Turkish imports amounted to just under $1 bln
Inter RAO expects to keep electricity export and import volumes flat in annual terms at about 10 bln kWh in 2026, CEO of the Russian energy company Sergey Dregval said at the St. Petersburg International Economic Forum.
The trade volume between Russia and China in January-May increased by 22.9% year-on-year to $109.5 billion, according to the General Customs Administration of the People's Republic of China.
Baku and Tbilisi have deepened their trade ties, with bilateral turnover growing by 40% this year to a total of $385 million.
Russia will introduce temporary restrictions on the import of fresh tomatoes, cucumbers, peppers, greenery, and strawberries from Armenia starting May 30, 2026, said the Russian Federal Service for Veterinary and Phytosanitary Supervision, Rosselkhoznadzor.
In January-April 2026, Azerbaijan exported goods worth $9.646 million to Armenia, the State Customs Committee of Azerbaijan reported.
In March, Russian suppliers significantly increased their purchases of US pharmaceuticals, resulting in a 300-fold increase. This marked the largest shipment recorded since 2023.
This primarily concerns beverages: wine, beer, lemonade, and mineral water
The State Customs Committee of Azerbaijan disclosed the specific items transported from Armenia in March, marking the first shipments to Azerbaijan.
In March of this year, Azerbaijan imported goods worth $960 from Armenia for the first time, the Azerbaijani State Customs Committee reported.
Cotton exports brought Azerbaijan $41.1 million in January and February 2026, showing a 44.5% increase compared to the same period last year.
Due to the conflict in the Middle East, Türkiye's energy import spending has increased by 60% in the past month, reaching $8 billion, according to media reports.
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.
Russian milk imports to Georgia reached almost $700,000 in February, making Russia the leading supplier.
In January-February 2026, trade between Moscow and Tbilisi increased by 0.5%, reaching over $418 million.
Georgia's electricity imports from Russia surged nearly 42-fold in January 2026 compared to the same month last year, approaching levels last seen in March 2022, according to data from the National Statistics Service of Georgia.
Georgia has set a symbolic price for the transportation of petroleum products from Azerbaijan to Armenia across its territory. The tariff rate was discussed during a meeting in Yerevan between ministers Kvrivishvili and …
The Hungarian government does not intend to comply with the European Union's ban on Russian gas supplies and is considering various ways to bypass it, Hungarian Prime Minister Viktor Orban said on the Kossuth radio station.
Azerbaijan's non-oil and gas exports in 2025 reached a new all-time high since the country's independence
Trade turnover between Azerbaijan and Syria surged to $92 million in the first eleven months of 2025, representing a 90-fold (9,100%) increase compared to the entire 2024 year.