Azerbaijan's Foreign Trade Surplus Reaches $957.7 Million in First Seven Months of 2025
The State Statistics Committee of Azerbaijan reported that the country's foreign trade turnover in the first seven months of 2025 reached $28.2 billion, with a trade surplus of $957.7 million. Exports accounted for $14.6 billion, while imports totaled $13.7 billion, indicating a slight decline in real terms compared to the same period in 2024. The non-oil exports showed a modest growth of 11.4 percent in nominal terms but decreased by 11.8 percent in real terms year-on-year.
Key Takeaways:
- Azerbaijan's foreign trade turnover in the first seven months of 2025 reached $28.2 billion.
- The country recorded a trade surplus of $957.7 million.
- Exports accounted for $14.6 billion, while imports totaled $13.7 billion.
- Real imports rose by 1.2 percent, while real exports fell by 9.6 percent compared to the same period in 2024.
- Non-oil exports showed a modest growth of 11.4 percent in nominal terms but decreased by 11.8 percent in real terms year-on-year.
- Top trading partners included Italy (26%), Turkey (11.7%), Russia (10.6%), China (8.7%), and Germany (3.1%).
- The largest share of exports consisted of crude oil and natural gas, which accounted for 47.3 percent of total exports to Italy and 13.2 percent to Turkey.
- In non-oil exports, the largest shares fell on Russia (34.3%), Turkey (16.3%), Switzerland (8.9%), Georgia (8.8%), and Ukraine (5.3%).
- The structure of imports showed 18% coming from China, 17.2% from Russia, and 10.1% from Turkey.
Statistics:
- Foreign trade turnover in the first seven months of 2025: $28.2 billion
- Trade surplus: $957.7 million
- Exports: $14.6 billion
- Imports: $13.7 billion
- Real imports growth: 1.2%
- Real exports decline: 9.6%
- Non-oil exports growth: 11.4%
- Non-oil exports real decline: 11.8%
Sources:
- Trend News Agency: Baku -- 14 Sep 2025
- State Statistics Committee of Azerbaijan
- State Customs Committee of Azerbaijan