AzerGold's export revenues increase over 31 percent

Gold topped the list of Azerbaijan's non-oil exports (excluding non-monetary gold) in the first nine months of 2026, generating $313.1 million in revenue, which marks a 31.6 percent increase year-on-year.

According to the October edition of the "Export Review" published by the Center for Analysis of Economic Reforms and Communication (CAERC), copper ores and concentrates ranked second with $213.5 million, followed by tomatoes in third place with $172.3 million.

In September alone, gold remained the leading non-oil export commodity, bringing in $41.9 million. Copper ores and concentrates ranked second with $29.8 million, while mineral or chemical nitrogen fertilizers placed third with $21.6 million.

During the January–September period, Azerbaijan’s primary destinations for non-oil exports (excluding non-monetary gold) were the Russian Federation $881.4 million, Türkiye $475.2 million, Georgia $443 million, Switzerland $327.9 million, and Ukraine $121.2 million.

In September, non-oil products worth $67.2 million were exported to the Russian Federation, $56.5 million to Georgia, $43.5 million to Switzerland, $40.2 million to Türkiye, and $29.8 million to the United Arab Emirates.