BAKU, Azerbaijan, April 2. Increasing prices for key export commodities could lead to a larger current account surplus in the coming years, according to the Central Bank of Azerbaijan (CBA), Trend reports.
The central bank said higher global prices for major exports are strengthening the country’s external position and may further expand its surplus.
“The external sector indicators, which are the main factor of balance in the foreign exchange market, remain favorable,” the CBA noted.
According to customs data, Azerbaijan recorded a foreign trade surplus of $1.1 billion in January–February 2026. The central bank added that its outlook remains unchanged, forecasting a continued current account surplus through 2026 and 2027.
The CBA emphasized that stable external sector performance continues to support balance in the foreign exchange market, underpinned by strong export revenues.