BAKU, Azerbaijan, January 12. Baku will host
the 6th meeting of the Azerbaijan-Italy Intergovernmental
Commission on Economic Cooperation on January 13, Trend reports via the
Ministry of Energy.


Azerbaijan’s co-chair of the commission is Energy Minister
Parviz Shahbazov, while Italy is represented by Deputy Minister of
Foreign Affairs and International Cooperation Edmondo Cirielli.


The 5th meeting of the commission was held in Rome on January
14, 2020.


Italy is Azerbaijan's largest trading partner. This is confirmed
by statistical data. From January through November 2025, the volume
of trade between Azerbaijan and Italy amounted to $11.243 billion.
According to the State Customs Committee, this is $926.8 million or
9% more than in the same period of 2024.


During the reporting period, trade turnover with Italy accounted
for 25.21% of Azerbaijan's total trade turnover. Thus, the country
under review ranked first among the countries with which Azerbaijan
conducted the largest number of trade operations during the
reporting period.


From January through November 2025, exports of products from
Azerbaijan to Italy amounted to $10.803 billion. This is $960.2
million or 9.8% more than in the same period of the previous year.
Thus, Italy ranked first among the countries with which Azerbaijan
exported the largest amount of products during the reporting
period.







During the reporting period, exports of crude oil and petroleum
products from bituminous rocks to Italy amounted to $6.525 billion.
At the same time, the volume of exports of these products reached
12.671 million tons. Thus, compared to the same period in 2024, the
value of exports of crude oil and petroleum products from
bituminous rocks from Azerbaijan to Italy increased by $383.1
million, or 6.2%, and the volume increased by 2.808 million tons,
or 28.5%.


In addition, the latest data from the State Statistical
Committee shows that from January through October 2025, Azerbaijan
exported 7.903 billion cubic meters of natural gas (in gaseous
form) worth $3.876 billion to Italy. According to the data,
compared to the same period of the previous year, this figure
increased by $628 million, or 19.3%, in value terms, and decreased
by 160 million cubic meters, or 2%, in volume terms.


For comparison, in January-October 2024, 8.063 billion cubic
meters of natural gas were exported from Azerbaijan to Italy, and
the total value of these exports amounted to $3.248 billion.


In January-November 2025, imports from Italy to Azerbaijan
amounted to $439.469 million, which is $33.4 million, or 7.1%, less
than the same period in 2024.