Market

Baku: Azerbaijan imported 536 passenger cars from Georgia last month, totaling 20.4 million US dollars.

According to Azeri-Press News Agency, the data was reported by APA’s local bureau, citing the foreign trade portal of Georgia’s National Statist…

Baku: In January this year, Azerbaijan imported locally produced goods from Georgia worth 9.23 million US dollars.

According to Azeri-Press News Agency, the imports represent a year-on-year reduction of 8.3% in the supply of products manufactured i…

Brussels: The European Commission has approved SOCAR’s acquisition of 99.82% of the shares of Italiana Petroli (IP), one of Italy’s leading energy companies, from API Holding, APA-Economics reports, citing the European Commission. The transaction prim…

Tbilisi: Last month, the trade turnover between Georgia and Azerbaijan amounted to 98.1 million US dollars.

According to Azeri-Press News Agency, citing Georgia’s National Statistics Office, this marks a decrease of 9.92% on an annual basis.

In J…

Baku: SOCAR and Gran Tierra Energy Inc. have formalized an Exploration, Development and Production Sharing Agreement (EDPSA) for an onshore prospective area in the Guba-Khazaryani region of Azerbaijan. The agreement marks a significant collaboration b…

New york: The price of gold futures per one troy ounce (31.1 grams) has increased on commodity markets, APA-Economics reports. Based on the exchange data, the price of April 2026 gold futures per one troy ounce on the New York COMEX commodity exchange…

Baku: The price of Azerbaijan’s ‘Azeri Light’ (CIF) crude oil has increased on global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil rose by $2.03, or 2.95%, reaching $70.95.

According to Azeri-Press News Agency, the prev…

Baku: In 2025, Azerbaijan imported 897 tons of lamb and mutton from Mongolia, valued at 3.6 million US dollars, APA-Economics reports, citing the report of the State Statistical Committee of Azerbaijan.

According to Azeri-Press News Agency, meat imp…

Baku: A requirement is being established for the recultivation of land plots where mineral deposits are located in order to restore them to their previous or alternative usable condition, APA reports. This is reflected in the proposed amendments to th…