Azerbaijan’s foreign trade surplus amounted to $5.6 billion in January-September 2025, down 20.1% year-on-year, according to materials on the balance of payments on the Central Bank of Azerbaijan’s (CBA) website.
According to the regulator’s data, the country’s foreign trade turnover amounted to $30.8 billion in 9M 2025, with 12.1% accounted for by countries of the Commonwealth of Independent States (CIS) and 87.9% by countries outside the CIS.
In the structure of exports, which equaled $18.195 billion (-5.6%), the oil and gas sector accounted for $15.665 billion (-7.2%), including oil at $9.6 billion, gas at $5.6 billion and petroleum products at $0.5 billion. Non-oil and gas exports grew 6.1% to $2.53 billion.
In the structure of imports, which reached $12.596 billion (+2.7%), consumer goods accounted for $5.133 billion (including food products at $1.782 billion) and equipment and special goods accounted for $466.7 million (+15.3%).
The current account surplus of the country’s balance of payments amounted to $3 billion or 5.4% of GDP in 9M 2025, the CBA said. However, the surplus of the account decreased 24.1% YoY.
The current account surplus in the oil and gas sector decreased 3.7% to $10.703 billion while the deficit in the non-oil and gas sector increased 7.5% to $7.703 billion.
The average price of oil on world markets was $70.1 per barrel in January-September 2025 and the average price of gas was $294 per 1,000 cubic meters.
According to the CBA’s October forecasts, the current account surplus of Azerbaijan’s balance of payments this year will be around $3.7 billion compared to $4.7 billion in 2024, down 43.3% compared to the level of 2023.
