Azerbaijan's trade surplus grows 5.7-fold to $10.5 bln in 9M - customs

BAKU. Oct 20 (Interfax) - Azerbaijan's trade surplus widened 5.7-fold year-on-year to $10.5 billion in January-September 2026, the Azerbaijani State Customs Committee told Interfax.

Azerbaijan's foreign trade grew 5.2% to $37.21 billion in 9M, with exports rising 28.3% to $23.86 billion and imports falling 20.4% to $13.35 billion.

The oil and gas sector accounted for 72.1% of the exports.

Machinery, electrical devices, equipment and spare parts made up 23.1% of imports, food - 15.5%, transport means and spare parts - 14.3% and ferrous metals and ferrous metal products - 6.5%.

Azerbaijan traded with 178 countries in 9M 2026.

More than 10,500 state and private enterprises took part in external trade transactions, as well as 31,200 individuals.

Azerbaijan exported mainly to Italy (36.8% of total exports), the United Kingdom (14.6%), Turkey (10.7%), Russia (3.8%), the Czech Republic (3.8%), Georgia (3.2%), Romania (2.9%), Greece (2.6%), Bulgaria (2.4%) and Switzerland (2.2%).

Azerbaijan imported from China (25.3%), Russia (13.2%), Turkey (13.2%), the United States (5.1%), Germany (4.2%), Iran (3.3%), Italy (3%), Belarus (2.4%), Japan (1.8%) and the United Kingdom (1.8%).