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