Energy

Baku Port container traffic climbs 15% as Middle Corridor volumes build

Baku Port container traffic climbs 15% as Middle Corridor volumes build

Container handling at the Port of Baku rose 15% in the first half of 2026, with total cargo throughput topping 4 million tonnes — fresh evidence that the Middle Corridor's key Caspian gateway is converting geopolitical attention into actual volume.

July 24, 2026
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Armenia wins first-ever EU approval to export fish products

Armenia wins first-ever EU approval to export fish products

The European Union has approved Armenian fish and fish products for export to the bloc for the first time — a small but symbolically important win for Yerevan's push to diversify trade toward Europe.

July 23, 2026
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Azerbaijan's EV imports fall 39% in first half even as car market grows

Azerbaijan's EV imports fall 39% in first half even as car market grows

Electric vehicle imports into Azerbaijan dropped 39% in volume and 52% in value in the first half of 2026 — a sharp reversal that stands out against an otherwise growing auto market and the country's green-energy ambitions.

July 23, 2026
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EU and UK visitors to Georgia hit record high as spending climbs to $335.7M

EU and UK visitors to Georgia hit record high as spending climbs to $335.7M

Georgia drew a record 249,201 visits from the EU and UK in the first half of 2026, up 23.4%, generating $335.7 million — European growth that offset weakness elsewhere as total tourism revenue slipped 2% to $1.9 billion.

July 23, 2026
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Azerbaijan-Georgia trade jumps 41% as non-oil exports surge

Azerbaijan-Georgia trade jumps 41% as non-oil exports surge

Trade between Azerbaijan and Georgia climbed 41.3% to $385.5 million in the first four months of 2026, with Azerbaijani non-oil exports to its neighbour surging 66% — a sign of deepening economic integration across the South Caucasus.

July 22, 2026
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ADB holds Azerbaijan's 2026 growth forecast at 2% amid regional caution

ADB holds Azerbaijan's 2026 growth forecast at 2% amid regional caution

The Asian Development Bank kept Azerbaijan's 2026 GDP growth forecast unchanged at 2%, easing to 1.8% in 2027 — a steady-but-modest outlook that underscores the stakes of Baku's diversification drive.

July 22, 2026
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Georgia to import 3.34 bcm of gas in 2026, with Azerbaijan supplying 88%

Georgia to import 3.34 bcm of gas in 2026, with Azerbaijan supplying 88%

Georgia will import 3.34 billion cubic metres of natural gas in 2026, with Azerbaijan supplying 88% of the total through Shah Deniz and SOCAR — cementing Baku's role as its neighbour's dominant energy partner.

July 22, 2026
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Azerbaijan's strategic FX reserves near $85.8B, up 10.4% on the year

Azerbaijan's strategic FX reserves near $85.8B, up 10.4% on the year

Azerbaijan's strategic foreign exchange reserves approached $85.8 billion as of July 1, 2026 — up 10.4% year-on-year — cementing one of the strongest sovereign balance sheets in the region, even after a $2.67 billion drawdown in June.

July 21, 2026
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