BAKU, Azerbaijan, October 20. Iran imported 33.16 million kilowatt-hours of electricity from Azerbaijan in January–August 2026, generating $942,000 in revenue for Azerbaijan, according to the State Statistical Committee of Azerbaijan.
According to Trend’s calculations, electricity exports to Iran increased by 12.237 million kilowatt-hours, or 1.6 times, compared with the same period in 2025. In value terms, exports rose by $348,000, also increasing 1.6 times.
Meanwhile, Azerbaijan imported 23.806 million kilowatt-hours of electricity from Iran worth $676,000 in the first eight months of 2026. Compared with the same period in 2025, the value of imports increased by $57,000, or 9.2%, while their volume rose by 2.011 million kilowatt-hours, or 9.2%.
In January–August 2026, Azerbaijan exported a total of 319.040 million kilowatt-hours of electricity worth $16.629 million to three countries: Russia, Georgia and Iran.
Compared with the same period in 2025, Azerbaijan’s electricity exports fell by $36.105 million, or 3.2 times, in value terms and by 600.885 million kilowatt-hours, or 2.9 times, in volume terms.
During the same period, Azerbaijan imported 143.724 million kilowatt-hours of electricity worth $7.0945 million from these countries. Compared with the first eight months of 2025, the value of imports increased by $2.146 million, or 43.4%, while their volume rose by 28.1 million kilowatt-hours, or 24.3%.
Economic cooperation between Azerbaijan and Iran continues to develop across trade, transportation, energy, transit and logistics. The two countries are deepening cooperation under the International North–South Transport Corridor and implementing joint initiatives involving electricity and natural gas exchanges.
The two sides are also working to increase bilateral trade, expand cross-border economic ties, strengthen industrial cooperation and promote investment projects, with energy remaining a key area of bilateral cooperation.
