2026-4-16 03:25 |
Azerbaijan's production of motor gasoline declined in the first two months of 2026 compared to the previous year. This decrease reflects a reduction in output over the period. The country's gasoline reserves as of April 1 were also reported.
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Azerbaijan's electricity production saw a slight decline in the first quarter of 2026. Both total and commercial electricity outputs decreased compared to the same period in 2025. In addition, significant value was generated in the electricity and water supply sectors during this period. trend.az »
2026-04-15 19:14
In 2025, non-bank payment service providers saw significant transaction activity. A large portion of this involved electronic money services. The Central Bank of Azerbaijan issued several licenses, expanding the number of active payment institutions and operators in the market. trend.az »
2026-03-13 08:14
Azerbaijan's growing role as a key transport and logistics hub in Eurasia is underscored by increasing cargo volumes across its strategic transport corridors, enhancing its connectivity between Asia and Europe. trend.az »
2026-02-16 12:54
In 2025, Azerbaijan continued its VAT refund program for cashless property purchases, helping reduce costs for consumers. The State Tax Service reported successful implementation of the initiative throughout the year. trend.az »
2026-01-08 19:07
Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF) has issued 3. 7 billion manat ($2. 2 billion) in loans to 56,808 borrowers, according to Trend. Additionally, business loans with guarantees have totaled 687. trend.az »
2026-01-02 23:17
A total of 56,310 borrowers have received loans totaling 3. 7 billion manat ($2. 18 billion) through Azerbaijan's Mortgage and Credit Guarantee Fund (MCGF). Additionally, loans with guarantees and subsidies reached 676. trend.az »
2025-12-04 04:06
In the first half of 2025, transport services made up 27. 9% of Azerbaijan's mutual service turnover. Azerbaijani residents provided $1. 7 billion in transport services to non-residents, while non-residents provided $866. trend.az »
2025-09-17 20:39
From January through March 2026, Azerbaijan's oil and petroleum product exports to Croatia decreased significantly in both value and volume. This decline is compared to the same period in 2025, when exports were much higher.
Azerbaijan continues to expand its renewable energy share, supported by rising generation, growing wind output, and active electricity trade.
Azerbaijan boosted oil exports to Bulgaria in January–March, shipping 130,800 tons worth $67.9 million—up nearly 65% in volume from a year earlier.
Azerbaijan's crude oil and petroleum product exports to the Czech Republic experienced a significant decrease in both value and volume during the first quarter of 2026, compared to the same period in the previous year.
Azerbaijan’s oil and petroleum product exports to Germany declined significantly in both volume and value compared to the previous year.
Azerbaijan’s oil exports to Romania fell in both value and volume in the first quarter, reflecting a broader global decline in the country’s petroleum shipments.
In the first quarter of 2026, Azerbaijan saw a decline in electricity production from thermal and hydropower plants. Thermal output dropped slightly, while hydropower saw a larger decrease. Overall, total electricity production was lower than the previous year.