BAKU, Azerbaijan, April 2. Increasing prices
for key export commodities could lead to a larger current account
surplus in the coming years, according to the Central Bank of
Azerbaijan (CBA), Trend
reports.
The central bank said higher global prices for major exports are
strengthening the country’s external position and may further
expand its surplus.
“The external sector indicators, which are the main factor of
balance in the foreign exchange market, remain favorable,” the CBA
noted.
According to customs data, Azerbaijan recorded a foreign trade
surplus of $1.1 billion in January–February 2026. The central bank
added that its outlook remains unchanged, forecasting a continued
current account surplus through 2026 and 2027.
The CBA emphasized that stable external sector performance
continues to support balance in the foreign exchange market,
underpinned by strong export revenues.
