BAKU, Azerbaijan, April 18. From January through March 2026, Azerbaijan exported 5.078 million tons of crude oil and petroleum products derived from bituminous rocks, valued at $2.5 billion
The data obtained by Trend from the country's State Customs Committee indicates that compared to the same period in 2025, this marks a decrease of $836 million (25.1%) in value and a drop of 934,000 tons (15.5%) in volume compared to the same period in 2025.
During the first quarter of 2026, Azerbaijan's total trade with foreign countries amounted to $9.4 billion, a reduction of $2.6 billion (21.9%) year-on-year. Exports totaled $5.4 billion, while imports stood at $4.005 billion. Exports declined by $984 million (15.4%), while imports fell by $1.6 billion (29.3%).
Consequently, the trade balance showed a surplus of $1.3 billion, which is $675 million, or 1.9 times, higher than last year’s figure.