BAKU, Azerbaijan, October 29. In the period
from January through September 2026, exports from Azerbaijan’s
non-oil sector (excluding non-monetary gold) increased by 20.5%
compared to the same period in 2025, totaling $3.2 billion.
This was reported in the October 2026 issue of the “Export
Review” published by the Center for Economic Reforms and
Communications.
According to the report, in September of this year, exports from
Azerbaijan’s non-oil sector increased by 50.2% compared to the same
period last year, reaching $372.8 million. Overall, during this
period, food exports grew by 17.2%, totaling $78.8 million. Exports
of non-food products increased by 47.8% to $267.5 million.
In the first nine months of 2026, compared to the same period
last year, exports of sugar and sugar confectionery products
increased 2.4-fold (by 136.8%), aluminum and aluminum products — by
41%, ferrous metal products — by 32.2%, vegetable and animal fats
and oils — by 31.6%, copper and copper products — by 21.7%, cotton
— by 16.6%, coffee and tea by 13%, edible fruits by 12.5%,
vegetables by 9.4%, and ferrous metals by 8.5%.
From January through September 2026, exports of agricultural
products increased by 16.5%, reaching $776.8 million, while exports
of agro-industrial products rose by 28.6%, totaling $299.7 million.
Overall, total exports of agricultural and agro-industrial products
increased by 19.6% to $1.08 billion.
During this period, gold ($313.1 million) ranked first among
non-oil sector exports (excluding non-monetary gold). Copper ores
and concentrates ($213.5 million) ranked second, and tomatoes
($172.3 million) ranked third.
In September 2026, gold also ranked first on the list of non-oil
sector exports ($41.9 million). Copper ores and concentrates ranked
second ($29.8 million), and mineral or chemical nitrogen
fertilizers ranked third ($21.6 million).
In the period from January through September 2026, exports of
non-oil goods (excluding non-monetary gold) totaled $881.4 million
to the Russian Federation, $475.2 million to Türkiye, $443 million
to Georgia, $327.9 million to Switzerland, and $121.2 million to
Ukraine.
In September 2026, non-oil goods worth $67.2 million were
exported to the Russian Federation, $56.5 million to Georgia, $43.5
million to Switzerland, $40.2 million to Türkiye, and $29.8 million
to the UAE.
The top ten of the ranking of non-state exporters, compiled for
the period from January to September 2026, includes the following
companies: the representative office of “Azerbaijan International
Mining Company Limited” in the Republic of Azerbaijan, “Azerbaijan
Sugar Production Association” LLC, “Prime Cotton” LLC, “Baku Steel
Company” CJSC, “Tabaterra” LLC, “Prime Export” LLC, “Vvest Stream”
LLC, “Agrarco” LLC, “Silk Way Airlines LLC,” and “P-Aqro” LLC.
The list of state-owned companies involved in export operations
in the non-oil sector (excluding non-monetary gold) is headed by
the Department of Marketing and Economic Operations of the State
Oil Company of the Republic of Azerbaijan. The list also includes
the following companies: Azergold CJSC, Socar Polymer LLC,
Azeraluminium LLC, Azerpambig Agricultural Industrial Complex LLC,
Azərenerji OJSC, Azerbaijan Airlines, the Gas Export Department of
the State Oil Company of the Republic of Azerbaijan, Nakhchivan
Energy LLC, and Socar Cape LLC.
In the period from January through September 2026, the Space
Agency of the Republic of Azerbaijan (Azercosmos) provided
telecommunications services totaling $19.6 million to approximately
95 companies from 36 countries around the world. During this
period, export operations accounted for 61% of total revenue.
Over the reporting period, the top five countries by volume of
satellite telecommunications service exports were the UK with $3.1
million, Luxembourg—$2.4 million, Türkiye—$989,700,
Pakistan—$884,400, and Egypt—$484,900.
