Iran's imports of goods from Azerbaijan saw a significant decline over the last 10 months compared to the previous year. Both the value and volume of imports decreased. The imported goods included equipment, compressed soy, profiles, and other items.
Production at the South Pars gas field, a joint venture between Iran and Qatar, has significantly increased. A new well has been commissioned to support this growth. The well was completed and quickly brought online to meet Iran's high energy consumption.
Uzbekistan’s new car market opened 2026 with moderate growth, supported by higher sales of domestically produced vehicles, while demand for imported cars weakened.
S&P Global Ratings reports that Azerbaijan maintains the lowest private sector debt to GDP ratio in the South Caucasus, with relatively low exposure to foreign currency lending and stable banking sector indicators despite slower projected credit growth.
Azerbaijan's Azerishig OJSC has announced a tender for the construction of a new substation and control center, along with the installation of a power transmission line in Gusar city. Companies wishing to participate must submit their proposals by the specified deadline, with a participation fee required.