Azerbaijan-UK Trade Surges to $3.72 Billion in Nine Months

Baku:The trade volume between Azerbaijan and the United Kingdom has experienced a significant increase, reaching $3.721 billion in the first nine months of this year.

According to Trend News Agency, this figure represents a $2.765 billion rise, or a 3.9-fold increase, compared to the same period in 2025, based on data from the State Customs Committee. During this period, trade with the UK accounted for 10% of Azerbaijan's total trade volume, positioning the UK as the third-largest trade partner for Azerbaijan. From January through September, Azerbaijan exported $3.483 billion worth of goods to the UK, which is $3.242 billion, or approximately 14.4 times more, than during the same period last year.

Non-oil exports to the UK amounted to $3.483 billion, making the UK the top destination for Azerbaijan's non-oil products. Meanwhile, Azerbaijan imported $237.839 million worth of goods from the UK, marking a decrease of $476.5 million, or a threefold reduction, compared to the same period in 2025.

Overall, Azerbaijan's trade with foreign countries totaled $37.210 billion from January through September 2026. The foreign trade turnover increased by $1.836 billion, or 5.2%, compared to the same period last year. Exports accounted for $23.865 billion, while imports were $13.346 billion. Over the past year, exports increased by $5.259 billion, or 28.3%, while imports decreased by $3.423 billion, or 20.4%.

Consequently, Azerbaijan's foreign trade balance showed a surplus of $10.519 billion, an increase of $8.682 billion, or 5.7 times, compared to the previous year.