AzerNews - News from Azerbaijan, Business, Energy, Analysis

Azerbaijan’s farm exports near $1 billion as economy pushes beyond oil

Oil and gas continue to hold a dominant position in Azerbaijan’s exports, but changes in the country’s export structure in recent years show that the economy is gradually relying on a broader range of sectors. The figures for the first eight months of 2026 once again highlight the growing role of the non-oil sector, particularly agriculture and agro-industry, in this process.

Nation

President Ilham Aliyev’s social media account shared video on opening ceremony of World Judo Championships [VIDEO]

A video highlighting the opening ceremony of the World Judo Championships at the National Gymnastics Arena has been shared on President Ilham Aliyev’s X social media account.

Oil & Gas

Azerbaijan boosts oil exports to Switzerland

Azerbaijan’s oil exports to Switzerland tripled in volume in the first eight months of this year. According to the Azerbaijan’s State Customs Committee, Azerbaijan exported 272,500 tons of oil and oil products derived from bituminous minerals to Switzerland worth...

Business

US-China trade rivalry fuels demand for copper stockpiles

While oil prices hog the headlines and gas only gets a mention when winter rolls around, a far more important metal has been quietly flying under the radar - copper. Once we look at the bigger picture, the scale of copper demand becomes hard to ignore. An electric vehicle requires roughly 80 kilograms of copper, compared with around 20 kilograms in a conventional car. Solar panels, charging stations and new power transmission lines stretching across entire regions all require copper.

Armenian-Azerbaijani Relations

Moscow awaits Yerevan's response to proposal to restore its railway sections, deputy PM says

Russia is awaiting Armenia’s response to a proposal to restore sections of railway connecting the country toward Azerbaijan’s Nakhchivan exclave and the Turkish border, Russian Deputy Prime Minister Alexey Overchuk has said.

World

Turkiye boosts trade in national currency

Between January and September 2026, the total volume of foreign trade transactions conducted in Turkish lira reached 1.2 trillion lira, marking a 13% increase compared with the same period last year.