Azerbaijan: National exports hit $11.8bn in Jan-Apr

Azerbaijan’s exports totaled $11.8 billion, with the non-oil sector accounting for $965.5 million in January-April 2022, the Center for Economic Reforms Analysis and Communication of Azerbaijan has reported. During the reported period, non-oil exports increased by $268.6 million, or 38.5 percent, compared to the corresponding period of 2021. Of the total non-oil exports, the export … Read more

ASCO: China-Germany freight train was sent from Kazakhstan to Azerbaijan by “Maestro Niyazi” vessel

The first freight train from Xi’an, the capital of China’s northwestern Shaanxi province, to Mannheim, Germany, was sent to Hovsan port by “Maestro Niyazi” dry cargo vessel belonging to Azerbaijan Caspian Shipping Company (ASCO) Merchant Fleet after it arrived at the Kazakh port of Aktau. According to ASCO, the “Maestro Niyazi” feeder is expected to … Read more

Azerbaijan increases exports to CIS and EU countries

Exports from Azerbaijan to CIS countries grew in the first quarter of this year, according to the State Customs Committee. Official figures suggest that Azerbaijan exported goods worth $575.361 million to CIS countries in Q1 of 2022, which is $216.820 million more than in the same period of 2021. According to the committee, imports from … Read more

Rules for admission to international passenger and freight transport by road” approved

The Cabinet of Ministers has approved the “Rules for admission to international passenger and freight transport by road”. The rules set the criteria related to the business reputation, financial condition and professional competence of the operator of international passenger and freight transport by road, and the requirements on the level of training of the operator’s … Read more

Azerbaijan’s exports in January – February 2022

Turkiye was top export destination of Azerbaijan’s non-oil products in February 2022 Turkiye was the top export destination of Azerbaijan’s non-oil products in February of this year, according to the State Customs Committee. Official statistics suggests that Turkiye, Russia, Georgia, Switzerland and Italy were the five major export destinations of Azerbaijan’s non-oil products. The volume … Read more

SOCAR: Trade between Turkmenistan and Azerbaijan has increased 5 times

“The trade between Turkmenistan and Azerbaijan has increased five times since 2020,” said Vice President of the State Oil Company of Azerbaijan (SOCAR) Elshad Nasirov at the International Oil and Gas Forum, held in Ashgabat. Nasirov noted that Azerbaijan is interested in cooperation with the Caspian region countries. He said that Turkmen-Azerbaijani relations are bound … Read more

Azerbaijan’s foreign trade turnover grows in 2M2021

Azerbaijan’s foreign trade turnover increased from January through February 2022, Trend reports via the State Customs Committee (SCC). According to the committee, this figure amounted to $7.94 billion, up by $3.54 billion (44.58 percent) compared to the first two months of 2021 ($4.4 billion). Besides, $5.9 billion in the foreign trade turnover from January through … Read more