Azerbaijan reveals its state budget savings from e-procurement
Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management. trend.az »
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Azerbaijan reports increased budget savings through e-procurement, reflecting improved efficiency in public spending and financial management. trend.az »
Azerbaijan’s sugar exports surged more than fourfold in early 2026, driven by rising production and expanding non-oil trade contributions. trend.az »
Azerbaijan continues to expand its renewable energy share, supported by rising generation, growing wind output, and active electricity trade. trend.az »
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. trend.az »
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. trend.az »
Azerbaijan’s oil and petroleum product exports to Germany declined significantly in both volume and value compared to the previous year. trend.az »
Azerbaijan has launched a tender to install automated air pollution monitoring stations in major industrial cities, with bids due by May 13, 2026. trend.az »
Azerbaijan’s Agriculture Ministry is seeking bidders to prepare design plans for the reconstruction of the Chaykend Fish Farm, with submissions due May 7. trend.az »
Azerbaijan’s antimonopoly agency has opened a tender to organize a major regional competition forum in Shusha, with proposals due in early May. trend.az »
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. trend.az »
From January through March 2026, road cargo transit through Azerbaijan saw an increase in value. The volume of cargo transited, however, experienced a slight decrease. Both exports and imports showed mixed trends in value and volume. trend.az »
ING Group’s inflation forecast for Azerbaijan indicates stable price levels through 2027, with a positive outlook for growth in the oil and gas sector and strong capital investments driving long-term economic expansion. trend.az »
Azerbaijan's renewable energy sector is experiencing significant growth, with wind and solar power production showing notable increases and contributing to the country’s broader sustainability and energy diversification goals. trend.az »
Azerbaijan's Central Bank reveals the latest ranking of banks operating in the country based on the volume of interest revenues. trend.az »
The International Bank of Azerbaijan held the largest authorized capital among banks in the country, while the Bank of Baku recorded the smallest. trend.az »
The number of fully electric vehicles imported into Azerbaijan during the first quarter of the year has been disclosed. trend.az »
Azerbaijan's trade performance in early 2026 reflects a decline in electricity exports and overall foreign trade, although the country maintains a positive trade balance due to a sharper drop in imports. trend.az »
The total revenues of banks in Azerbaijan for Q1 2026 have been revealed. Kapital Bank leads the rankings, followed by the International Bank of Azerbaijan and PASHA Bank. Bank Melli Iran recorded the lowest revenue among local banks. trend.az »
Azerbaijan's electricity production from renewable sources saw a strong contribution from hydropower, wind, and solar in the first quarter of 2026. Thermal plants remained the dominant source. Wind power experienced notable growth compared to the previous year. trend.az »
The Central Bank of Azerbaijan has disclosed the ranking of banks by liabilities for Q1 2026. The International Bank of Azerbaijan holds the largest liabilities, followed by Kapital Bank and PASHA Bank. trend.az »
Azerbaijan's banking sector saw notable profit growth in Q1 2026, with leading banks showing strong performance, while one institution reported a loss. trend.az »
Azerbaijan's sea cargo exports saw growth in the first quarter of 2026. The total export volume and value both increased compared to the same period last year. However, overall sea cargo transport, including imports, experienced significant declines. trend.az »
Azerbaijan resumed oil shipments to France in March, reflecting ongoing energy trade ties despite an overall decline in exports during the first quarter of the year. trend.az »
Azerbaijan’s natural gas exports saw a volume increase despite a decrease in value, contributing to a positive trade balance, as the country navigates a decline in overall foreign trade activity. trend.az »
Azerbaijan's Central Bank ranked first in terms of loan portfolio among Azerbaijani banks in the first quarter of 2026. trend.az »
Azerbaijan's petroleum coke exports saw significant growth in both volume and value, while overall crude oil and petroleum product exports experienced a decline in value, reflecting shifting dynamics in global trade. trend.az »
Azerbaijan’s petroleum bitumen exports experienced a modest increase in both volume and value, contributing to a positive trade balance. trend.az »
Azerbaijan’s foreign trade turnover declined year-on-year, driven by a notable drop in both exports and imports. trend.az »
Azerbaijan's trade performance in early 2026 reflects a decline in both export value and volume, despite maintaining a trade surplus due to a sharper drop in imports. trend.az »
Petroleum coke production in Azerbaijan increased during the first quarter of the year, according to data published by the State Statistics Committee. trend.az »
Azerbaijan's transportation and ICT sectors have demonstrated growth in revenue, reflecting ongoing improvements in infrastructure and increased demand for services. trend.az »
Azerbaijan saw a significant increase in truck production in the first quarter of 2026. The number of trucks produced grew substantially compared to the same period in 2025, while passenger car production experienced a decrease. trend.az »
Azerbaijan has outlined its forecast for consolidated budget expenditures over the medium term. trend.az »
Investments in fixed capital directed to Azerbaijan’s agriculture, forestry, and fisheries sector reached new highs in the first quarter. trend.az »
Azerbaijan’s trade turnover with Russia declined sharply, with both exports and imports showing a significant decrease compared to the previous year. trend.az »
Azerbaijan's ACE platform in the Azeri-Chirag-Guneshli field has reached a significant production milestone, boosting oil output as part of the $6 billion development project. trend.az »
Azerbaijan's crude oil and petroleum product exports, despite a slight decline in volume and value, continue to maintain strong demand, with Italy leading as the top importer and promising trade opportunities across diverse global markets. trend.az »
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. trend.az »
Azerbaijan's rail freight transport saw a significant decline in early 2026, accounting for a smaller share of the total cargo volume compared to the previous year. trend.az »
Azerbaijan's natural gas production increased in the first quarter of 2026. Both total and marketable gas output saw modest year-on-year growth. The rise in production highlights steady progress compared to the same period in 2025. trend.az »
Azerbaijan's water and thermal energy production decreased in the first quarter of 2026. Hydropower production saw a significant drop compared to the same period in 2025, while thermal power plants also experienced a decline. trend.az »
Azerbaijan produced 6.630 million tons of crude oil in the first quarter, marking a 3.4% decline compared to the same period last year, according to official statistics. trend.az »
Azerbaijan's transport corridors saw varied cargo movement in early 2026. Rail transport handled the largest share, followed by road and sea transport. Compared to last year, rail and sea shipments dropped, while road freight saw growth. trend.az »
Azerbaijan Railways CJSC has reported a substantial rise in the transportation of food industry products. trend.az »
Azerbaijan's consolidated budget revenues are projected to grow in 2027 compared to 2026. The Ministry of Finance expects a significant increase in non-oil and gas revenues by 2030. This growth is supported by macroeconomic forecasts and efforts to enhance the business environment and transparency. trend.az »
Freight shipments by road in Azerbaijan increased in early 2026 compared to last year. This growth highlights a positive trend in road transport within the country's transport corridors. Road transportation made up a notable share of the overall transport activity. trend.az »
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 »
The report outlines expectations for a stable national currency exchange rate over the medium term, based on official macroeconomic forecasts. trend.az »
The volume of oil transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline saw a decline in the first quarter of 2026. This reduction reflects a notable drop compared to the same period last year. Most of the oil transported was produced in Azerbaijan, with a smaller share coming from Turkmenistan and Kazakhstan. trend.az »
Azerbaijan plans to finance the majority of its current expenditures through non-oil revenues by 2026, aiming for long-term fiscal sustainability. trend.az »