Azerbaijan records strong growth in non-oil exports

Azerbaijan’s non-oil and gas exports, excluding non-monetary gold, rose 17.6% year-on-year to $2.8 billion in January-August 2026, according to the Center for Analysis of Economic Reforms and Communication.

In August alone, the value of non-oil and gas exports increased by 13% compared with the same month last year, reaching $350.8 million.

During the eight-month period, food exports totaled $80.7 million. Meanwhile, non-food exports, excluding non-monetary gold, increased by 11.4% to $251.1 million.

The data showed significant growth in several export categories. Sugar exports increased 2.3-fold, while cotton yarn exports grew by 62.2%. Exports of aluminum and aluminum products rose by 42.8%, vegetable and animal fats and oils by 30.2%, and ferrous metals and related products by 20.5%.

Cotton fiber exports increased by 17.8%, fruit and vegetable exports by 13.7%, and tea exports by 12.1%.

Agricultural exports rose 19.2% year-on-year to $732 million during the reporting period, while exports of agro-industrial products increased by 22.1% to $255.8 million.

Combined agricultural and agro-industrial exports reached $987.8 million, marking a 19.9% annual increase.

Stabil.Az