BAKU, Azerbaijan, April 25. The volume of trade
transactions between Azerbaijan and Iran rose from January through
March 2026.
Data obtained by Trend from the Azerbaijani State Customs Committee
indicates that this figure amounted to $12.4 million, reflecting a
growth of $12.4 million, or 7.9%, compared to the same period in
2025.
In the first quarter of this year, Azerbaijan exported products
worth $2.8 million to Iran, marking a decrease of $2.1 million, or
about 1.7 times, compared to the first quarter of last year.
During the reporting period, Azerbaijan imported products worth
$166.7 million from Iran, representing a year-on-year increase of
$14.4 million, or 9.5%.
Azerbaijan’s foreign trade turnover amounted to $9.4 billion
from January through March 2026, marking a decrease of $2.64
billion or 21.9% compared to the same period last year.
The exports accounted for $5.4 billion of total trade, while
imports stood at $4 billion. Over the past year, exports declined
by $984 million or 15.4%, while imports fell by $1.65 billion or
29.3%
Consequently, the country recorded a trade surplus of $1.39
billion, which is $675 million, or 1.9 times, higher than the same
period last year.
