exports

Azerbaijan’s top 10 trading partners: Italy, Türkiye and the UK lead
Ten countries accounted for 74.42% of Azerbaijan’s merchandise trade in January-September 2026. Customs rankings, exports, imports and shares.

Azerbaijan’s gas export value falls by almost $250 million
Customs recorded 17.994 bcm of exports worth $6.449 billion. A year-on-year comparison and destinations from a separate Energy Ministry release.

Azerbaijan's Foreign Trade Turnover Rises 5.2% in Nine Months
In January-September 2026, Azerbaijan's foreign trade turnover reached $37.2 billion, up 5.2% year-on-year. The trade surplus hit $10.5 billion.

Italy accounts for more than half of Azerbaijan’s oil exports
Oil export volume fell 6.9% in January-September, while its value increased by about 13%. The ten largest buyers by export value.

Russian Diesel to Reach US in 15-20 Days After Contracts Signed
Deputy Prime Minister Alexander Novak said that after commercial contracts are concluded, Russian diesel will start flowing to the US market within 15-20 days. Sanctions on supplies have been lifted for six months.

ING: $10 Rise in Oil Prices to Add 2-4% to Azerbaijan's GDP
ING Group analysts assessed the impact of oil prices on the economies of the CIS-4 countries. For Azerbaijan and Kazakhstan, every additional $10 per barrel adds 2-4% of GDP to exports.

Technology exports: where Azerbaijan can build income beyond commodities
WIPO’s profile places Azerbaijan low on high-tech and ICT-services export measures. Choosing a strategy requires distinguishing equipment, services and licensing—and reading trade ratios correctly.

Russia Lifts Diesel Export Restrictions Ahead of Schedule
Deputy Prime Minister Alexander Novak announced that Russia is immediately lifting restrictions on diesel exports earlier than planned. He also suggested that supplies abroad could increase in November and December.

Expensive oil does not guarantee growth: Kazakhstan’s lesson for Azerbaijan
Kazakhstan’s physical oil output has fallen despite supportive prices, while economic growth is slowing. For Azerbaijan, the distinction between export revenue, real production and fiscal resilience matters.

Azerbaijan could export computing power. What would make it a business?
The World Bank identifies a potential computing-cost advantage for Azerbaijan. Turning it into export revenue would require more than cheap power: hardware, financing and customers matter just as much.

Kazakhstan's Current Account Swings to $2.4 Billion Surplus
In the first half of 2026, Kazakhstan's current account surplus reached $2.4 billion (1.6% of GDP), compared with a deficit of $3.6 billion a year earlier.

Kazakhstan-Tajikistan Trade Turnover Rises 25%
In January-July 2026, Kazakhstan's trade turnover with Tajikistan reached $854.70 million, up 25% compared to the same period in 2025.

Oil and Gas in Exports: Value Is Visible, Dynamics Are Not
For January–August 2026, customs records 14.6779516 million tonnes of oil and 9281.89355 million dollars of its value, but without a comparison base this is a level, not a trend.

Oil in Azerbaijan's exports: the largest item, but not the entire export
For January–August 2026, the customs value of oil exports is 9281.9 million dollars, gas is 5710.9 million, total exports are 21815.0 million: oil is the largest item, but not the entire export.

Gas and oil: export value in different units of measurement
For January–August 2026, gas exports brought 5.71 billion dollars, oil exports — 9.28 billion. We break down what this means for business.

Surplus on Two Positions: What Azerbaijan's Customs Total Shows
For January–August 2026, Azerbaijan's positive foreign trade balance rests on two commodity positions, each of which is comparable in magnitude to total imports.

Oil and Gas in Exports: Two Lines, Two Dimensions
For January–August 2026, customs valued oil exports at 9281.9 million dollars and gas at 5710.9 million, with total exports of 21815.04 million US dollars.

Non-oil and gas industry is growing faster than the entire non-oil economy
Industrial output added 5.4%, non-oil and gas GDP — 2.1%, investment — 1.4%. Why three positive indicators do not mean an equally broad upturn.

Azerbaijan Increases Imports of Georgian Products by 14.2%
In January-August, Azerbaijan imported $124.242 million worth of Georgian-made goods, up 14.2% year-on-year. Azerbaijan accounted for 3.8% of Georgia's exports of local products.

A surplus on two positions: what lies behind Azerbaijan's balance
The customs balance for January–August 2026 rests on oil and gas, whose value exceeds all imports — this narrows the base of the surplus.

Imports Fall, Computer Supplies Rise: What the Overall Decline Hides
Azerbaijan's imports fell 27.4% in value, but computing equipment rose 25%. The overall trend does not describe every commodity market.

Gold Accounted for 62.5% of Azerbaijan's Non-Oil Exports
In January–July 2026, most of Azerbaijan's non-oil exports came from gold. Behind the total figure lie differing results for vegetables, cotton and industry.

Azerbaijan's Non-Oil and Gas Exports Up 17.6% in Eight Months
In January-August 2026, Azerbaijan's non-oil and gas exports amounted to $2.8 billion, up 17.6% year-on-year.

Venezuela's Oil Production Reaches 1.1–1.2 Million Barrels per Day in July
Venezuela boosted oil production to 1.1–1.2 million barrels per day in July, but further growth is limited by a shortage of drilling equipment.