Azerbaijan-Russia trade falls by 31% in January-June

Trade turnover between Azerbaijan and Russia amounted to $1.728 billion in January-June 2026, Report informs, citing the State Customs Committee of Azerbaijan.

This is 31.4% less than in the same period of 2025.

During the reporting period, trade with Russia accounted for about 7% of Azerbaijan's total foreign trade turnover.

Azerbaijan's exports to Russia rose by 3% year-on-year to $608.557 million. At the same time, imports from Russia fell by 42% to $1.119 billion.

In the first six months of the year, Azerbaijan carried out foreign trade operations worth $24.661 billion with other countries, up 1.1% year-on-year.

Exports accounted for $16.320 billion of foreign trade turnover, while imports stood at $8.341 billion. Year-on-year, exports rose by 26.7%, while imports declined by 27.6%.

As a result, Azerbaijan recorded a foreign trade surplus of $7.979 billion, 5.9 times more than a year earlier.