BAKU, Azerbaijan, June 7. Azerbaijan-UK trade
turnover significantly grew from January through April 2026.


The data obtained by Trend from the Azerbaijani State Customs Committee
indicates that this figure amounted to $3.56 billion, reflecting an
increase of $3.07 billion, or 7.4 times, compared to the same
period of 2025.


During the reporting period, trade turnover with the UK
accounted for 20.45% of Azerbaijan's total trade turnover. Thus,
the UK ranked 2nd among the countries with which Azerbaijan
conducted the largest number of trade transactions in this
period.


In the first 4 months of 2026, Azerbaijan exported products
worth $3.47 billion to the UK, marking a year-on-year growth of
$3.33 billion, or 24.9 times.


At the same time, during the reporting period, import operations
worth approximately $89.6 million were carried out from the UK to
Azerbaijan, which is $252.5 million, or 73.8%, less than in the
same period in 2025.


Azerbaijan's total foreign trade turnover during the first four
months of this year amounted to $17.4 billion. This marks an
increase of $485 million, or 2.9%, compared to the corresponding
period last year.







Out of the total foreign trade turnover, exports accounted for
$11.9 billion, while imports stood at $5.5 billion. Over the past
year, the volume of exports increased by $3.1 billion (or 35.2%),
whereas the volume of imports declined by $2.6 billion (or
32.1%).


In an interview with Trend, Tim Reid, the Chief Executive Officer of UK
Export Finance (UKEF), announced that the UK-Azerbaijan economic
relationship is strong and continues to grow.


"Azerbaijan holds our highest market risk appetite rating of ‘at
least £5 billion’, reflecting the confidence we have in the country
as a partner for UK exporters," he said.


According to him, the recent upgrading of the UK-Azerbaijan
relationship to a Strategic Partnership, announced during Minister
Stephen Doughty's visit to Baku in August 2025, underlines how
seriously both governments take this relationship. "We have already
delivered tangible results in Azerbaijan, including support for a
flight simulator deal with Silk Way West Airlines highlighted
during the ministerial visit. Looking ahead, we see significant
opportunities for further collaboration. Azerbaijan’s ambitions in
economic diversification, infrastructure development, and its
position along the Middle Corridor trade route all create strong
prospects for British businesses, and UKEF stands ready to support
them," the Agency’s CEO said.


He noted that the most promising areas for expanded UKEF support
include clean energy and critical minerals, two fields where
Azerbaijan has exceptional potential and where the UK offers
world-class expertise, particularly in infrastructure and
professional services.