BAKU, Azerbaijan, May 9. Azerbaijan’s external
sector indicators continue to remain favorable, Trend reports citing the
CBA.
Customs data show that in the first quarter of 2026, Azerbaijan
recorded a $1.4 billion trade surplus, nearly doubling the figure
from the same period last year, marking a 93.3% increase
year-on-year.
The central bank also said its forecast for the current account
surplus for the end of 2026 and 2027 has been revised upward.
Officials attributed the improved outlook to rising prices of key
export commodities as well as continued growth in non-oil
exports.
The bank noted that recent external trade performance reflects
strengthening macroeconomic conditions supported by export
expansion and favorable global price trends.
