While Azerbaijan's share of regional trade increased to 51.4%, the South Caucasus's overall trade turnover fell by 8.8%.
From January to October 2025, the trade turnover of the South Caucasus amounted to $76.467 billion.
The South Caucasus countries — Azerbaijan, Armenia and Georgia — are characterized as small, open economies closely integrated with global markets.
Imports in the region totaled $43.467 billion, while exports amounted to approximately $33 billion.
Foreign trade continues to play a key role in the region’s economic growth, and strengthening trade relations remains important for ensuring economic stability.
Khatayi Azizov
Special correspondent
