BAKU, Azerbaijan, July 18. Azerbaijan’s revenue
from petroleum coke exports increased in the period from January
through June.


According to Trend’s calculations based on data from Azerbaijan’s
State Customs Committee, 116,551 metric tons of petroleum coke
worth $46.40 million were exported from Azerbaijan in the first
half of 2026.


In value terms, this figure is $15.2 million, or 1.5 times
higher than during the same period in 2025, and in volume terms, it
is 17,685 metric tons, or 1.2 times higher.


During the reporting period, petroleum coke exports accounted
for 0.28% of Azerbaijan’s total exports.


According to the Customs Committee, from January through June,
Azerbaijan exported 10.125 million metric tons of crude oil and
petroleum products derived from bituminous rocks to other countries
worldwide, worth $6.2 billion.


According to the agency, compared to the same period in 2025,
this represents a decrease of $178 million, or 2.8%, in value
terms, while in volume terms, the figure decreased by 1.921 million
metric tons, or 15.9%.


The Customs Committee reported that Azerbaijan’s foreign trade
turnover for the period from January to June of this year totaled
$24.661 billion.







According to the agency’s estimates, this represents an increase
of $261 million, or 1.1%, compared to the same period last
year.


In addition, it is noted that of the total foreign trade volume,
$16.32 billion was accounted for by exports, and $8.341 billion by
imports.


According to the agency, from January through June of this year,
exports increased by $3.442 billion (26.7%), while imports
decreased by $3.181 billion (27.6%).


The report emphasizes that, as a result, the foreign trade
balance showed a surplus of $7.979 billion. According to the
agency’s calculations, this is 5.9 times (or $6.623 billion) higher
than the figure for the same period last year.


According to Trend’s analysis, the growth in Azerbaijan’s petroleum
coke export revenues reflects the continued diversification of the
country’s energy-related export portfolio and the ability of local
producers to expand their presence in international markets. The
50% increase in export value during the first half of 2026
indicates stronger demand and improved revenue generation from this
product segment. Despite fluctuations in crude oil and petroleum
product exports, Azerbaijan maintained a strong overall foreign
trade position, with exports significantly exceeding imports and
generating a substantial trade surplus. The 26.7% rise in total
exports highlights the resilience of the country’s external trade
sector and the effectiveness of measures aimed at strengthening
export capacity. The expansion of non-traditional energy product
exports, such as petroleum coke, could further support Azerbaijan’s
efforts to diversify revenue sources and enhance its role in global
commodity markets. Continued growth in export-oriented industries
may contribute positively to economic stability and long-term
development.