2026-3-2 17:46 |
The trade turnover between Azerbaijan and Israel took a hit in January 2026, showing a downturn compared to the same time last year. Exports from Azerbaijan fell sharply, while Israeli shipments to the country increased.
The overall drop was mainly due to the lack of petroleum product exports during the reporting period. .
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Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management.
Turkmennebit State Concern fulfilled its oil production plan in the first quarter of 2026, driven by large-scale well restoration works in the Balkan Region.
Azerbaijan’s sugar exports surged more than fourfold in early 2026, driven by rising production and expanding non-oil trade contributions.
The Business Development Bank of Uzbekistan reported a decline in net profit in the first quarter of 2026, while continuing to show improvement in key financial indicators.
As of April 1, 2026, Azerbaijan's Karabakh and East Zangezur regions have experienced growth in business activity. The number of business entities and individual entrepreneurs has increased compared to the previous year.
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