BAKU, Azerbaijan, October 20. Iran imported
33.16 million kilowatt-hours of electricity from Azerbaijan in
January–August 2026, generating $942,000 in revenue for Azerbaijan,
according to the State Statistical Committee of Azerbaijan.
According to Trend’s
calculations, electricity exports to Iran increased by 12.237
million kilowatt-hours, or 1.6 times, compared with the same period
in 2025. In value terms, exports rose by $348,000, also increasing
1.6 times.
Meanwhile, Azerbaijan imported 23.806 million kilowatt-hours of
electricity from Iran worth $676,000 in the first eight months of
2026. Compared with the same period in 2025, the value of imports
increased by $57,000, or 9.2%, while their volume rose by 2.011
million kilowatt-hours, or 9.2%.
In January–August 2026, Azerbaijan exported a total of 319.040
million kilowatt-hours of electricity worth $16.629 million to
three countries: Russia, Georgia and Iran.
Compared with the same period in 2025, Azerbaijan’s electricity
exports fell by $36.105 million, or 3.2 times, in value terms and
by 600.885 million kilowatt-hours, or 2.9 times, in volume
terms.
During the same period, Azerbaijan imported 143.724 million
kilowatt-hours of electricity worth $7.0945 million from these
countries. Compared with the first eight months of 2025, the value
of imports increased by $2.146 million, or 43.4%, while their
volume rose by 28.1 million kilowatt-hours, or 24.3%.
Economic cooperation between Azerbaijan and Iran continues to
develop across trade, transportation, energy, transit and
logistics. The two countries are deepening cooperation under the
International North–South Transport Corridor and implementing joint
initiatives involving electricity and natural gas exchanges.
The two sides are also working to increase bilateral trade,
expand cross-border economic ties, strengthen industrial
cooperation and promote investment projects, with energy remaining
a key area of bilateral cooperation.
