$10.5 bn surplus in foreign trade: Central Bank raises forecasts

11:41 - 29.10.2026


October 29, Fineko/abc.az. The indicators of the external sector in Azerbaijan continue to maintain a favorable trend. According to the State Customs Committee, for Jan-Sept 2026, the positive balance of $10.5 billion was recorded in the country's foreign trade turnover.

According to preliminary figures, in the first 9 months, the balance on money transfers (the difference between receipts and outflows) amounted to $830.5 million (70% more against Jan-Sept 2025).

Amid continued high prices for major export goods and continued positive trends in the non-oil and gas sector, the CBA has raised its forecast of current account surpluses for 2026 and 2027.

According to updated estimates, the current account surplus is to reach $8.5 bn (more than 10% of GDP) in 2026 and $5.4 bn (more than 6% of GDP) in 2027.