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Kazakhstan is actively diversifying its economy by focusing on deep processing of raw materials, leading to a 6. 1 percent growth in the manufacturing sector from January through July. Key contributors include increases in metal products, engineering, food production, and oil refining. trend.az »
Global economic growth is forecast at 3 percent in 2025 and 3. 1 percent in 2026, below the 2000–2019 average of 3. 7 percent. Forecasts were revised up by 0. 2 and 0. 1 percentage points, respectively, compared to earlier estimates. trend.az »
As of August 1, 2025, a total of 929 merchants are connected to the e-commerce system nationwide. This expansion marks a key step in Turkmenistan’s efforts to develop online commerce and promote digital integration in the retail and service sectors. trend.az »
Tajikistan’s trade turnover with Russia increased notably in the first half of 2025. Tajikistan’s total foreign trade turnover reached $4.731 billion in the first half of 2025, which is a 7.2 percent increase year-on-year. trend.az »
Foreign direct investment in Kyrgyzstan showed strong upward momentum in the first quarter of 2025, with notable growth across key sectors such as manufacturing, finance, mining, and communications. The trend reflects increasing interest from both CIS and non-CIS countries, including China, T trend.az »
The most notable jumps occurred between 2018 and 2022, a period marked by substantial expansion in solar and wind power projects. The continuous rise reflects Kazakhstan’s ongoing efforts to diversify its energy mix and reduce reliance on fossil fuels. trend.az »
Sales of NICICO rose by over one third in the first four months of the current Iranian year, reaching about $1.1 billion. The company’s monthly figures also showed strong performance, with both domestic sales and exports contributing significantly to the total. trend.az »
Uzbekistan’s trade sector continues its upward trajectory, with over 151,000 enterprises operating nationwide as of mid-2025. New data highlights regional growth patterns, with Tashkent City maintaining its lead. trend.az »
The report highlights a consistent rise in oil demand, with the most notable increase occurring between 2017 and 2018. Since then, consumption has remained relatively stable. trend.az »
Azerbaijan’s GDP per capita is projected to reach $7,604 in 2025, reflecting long-term growth despite sectoral fluctuations and uneven historical trends. trend.az »
Family businesses are gaining momentum in Uzbekistan, with steady growth across trade, industry, services, and agriculture. New data shows a continued rise in entrepreneurial activity, reflecting broader support for small business development. trend.az »
Socar Polymer’s export revenues increased by over 12 percent in the first half of the year, reaching approximately $130 million. This growth reflects the company's strengthened position within Azerbaijan’s state-owned enterprises driving the non-oil sector export performance. trend.az »
Azerbaijan earned approximately $145 million from gold exports in the first half of the year, more than doubling the figure from the same period last year. June alone saw a sharp rise, with gold exports increasing by nearly 80% year-on-year. trend.az »
Kazakhstan plans to implement numerous agro-industrial projects over the next few years to boost employment in the agricultural sector. The Ministry of Agriculture is working to create new jobs and support the transition of self-employed workers into organized farms. trend.az »
In early 2025, Kazakhstani airlines transported 7. 2 million passengers, a 6 percent increase from last year. Domestic air travel operates on 61 routes with 849 weekly flights. Kazakhstan is upgrading its aviation infrastructure, including new airports and runway reconstructions. trend.az »
Uzbekistan has experienced notable growth in its foreign trade turnover during the first half of 2025, with China, Russia, and Kazakhstan continuing to dominate as the country’s primary trade partners. trend.az »
Authorities aim to double copper and lead processing and expand domestic production of high-value goods. trend.az »
Kazakhstan-China Pipeline LLP transported nearly 10 million tons of oil in H1 2025, up 5 percent year-on-year. Cargo turnover also rose by 4 percent, reaching nearly 9 billion ton-kilometers, driven by stable eastbound demand. trend.az »
Azerbaijan’s construction sector continues to attract increased financing, with business loans rising by 6.2% year-on-year to reach 1.4 billion manats ($823 million) as of June 1, 2025. This steady growth reflects expanding investment and confidence in the sector, which plays a key role in the country’s economic development and infrastructure expansion. trend.az »
Azerbaijan's hydroelectric power plants increased electricity production by nearly 18 percent in the first half of the year, generating approximately 1.9 billion kWh. This growth contributed to an overall rise in the country’s electricity output, which reached nearly 13.9 billion kWh during the same period. trend.az »
Solar power generation in Azerbaijan increased by nearly 20 percent in the first half of the year, reaching approximately 260 million kWh. This growth contributed to the overall energy sector, which produced goods and services worth around 1.74 billion manat during the same period. trend.az »
In the first half of 2025, ASCO saw a 12 percent rise in cargo transported by its ships, reaching nearly 4.6 million tons. Truck shipments on ferries and Ro-Pax vessels grew modestly, while wagon transport declined slightly, and dry cargo shipments surged by about 80 percent year-on-year. trend.az »
The IMF expects Turkmenistan’s economy to maintain 2.3 percent real growth annually through 2030, with GDP rising to $139.4 billion. Inflation is projected to reach 8 percent and remain stable. The current account is expected to shift from surplus to deficit, while public debt remains low. trend.az »
Global oil demand is expected to rise by just 700,000 barrels per day (kb/d) in 2025, marking the slowest annual growth since 2009, excluding the pandemic-hit year of 2020, according to the latest Oil Market Report from the International Energy Agency (IEA). trend.az »
The Trans-Caspian International Transport Route will facilitate the growth of the trade turnover between Turkic-speaking countries. trend.az »
