BAKU, Azerbaijan, June 13. The volume of trade
between Azerbaijan and Georgia amounted to $385.5 million from
January through April of this year, which is $112.6 million, or
41.3%, more than the same period in 2025.
This is stated in a report by the State Customs Committee.
According to the report, over the reporting period, trade with
Georgia accounted for 2.22% of Azerbaijan’s total trade volume.
Thus, Georgia ranked 6th among the countries with which Azerbaijan
conducted the largest number of trade transactions during this
period.
Azerbaijan exported goods worth $340.3 million to Georgia from
January through April of this year. This is $105.3 million, or
approximately 44.8%, more than the same period last year.
This growth in exports is due to a significant increase in the
volume of non-oil exports from Azerbaijan to Georgia. Thus, while
non-oil products worth $105.8 million were exported from Azerbaijan
to Georgia in the first four months of last year, this figure
reached $175.9 million in the first four months of this year.
Consequently, as the data shows, compared to the same period last
year, Georgia increased its purchases of non-oil products from
Azerbaijan by $70.1 million, or 66.3%.
In addition, Azerbaijan imported goods from Georgia worth $45.3
million from January through April 2026, an increase of $7.3
million, or 19.1%, compared to the same period in 2025.
Overall, economic relations between Azerbaijan and Georgia are
developing at the level of a strategic partnership and play an
important role in ensuring the region’s economic, energy, and
transport security. The countries have been cooperating closely for
many years in the fields of energy, transit, trade, investment, and
logistics.
In May of this year, during Georgian Prime Minister Irakli
Kobakhidze’s visit to Azerbaijan to participate in WUF13,
Azerbaijan and Georgia reaffirmed their strategic partnership by
signing a comprehensive package of agreements aimed at deepening
bilateral cooperation in the fields of the economy, energy, and
transport infrastructure. The signing ceremony took place in Baku
on May 18, 2026, with the participation of President of the
Republic of Azerbaijan Ilham Aliyev and Georgian Prime Minister
Irakli Kobakhidze.
To implement the aforementioned intergovernmental agreements,
the relevant state-owned energy companies of both countries have
signed the Framework Terms, which define the key commercial
parameters of the contracts to be concluded no later than October
15, 2026.
In addition, the State Oil Company of the Republic of Azerbaijan
(SOCAR), SOCAR Midstream Operations LLC (SMO), and the Georgian Oil
and Gas Corporation (GOGC) signed the Main Terms of the Operating
Agreement, which define the terms of operation of the Georgian
section of the Western Export Pipeline, including the Supsa Oil
Terminal and related infrastructure.
The Coordination Council’s protocol also formalized the transfer
of the relevant railway infrastructure to the joint venture BTK
Railway Companies LLC for the management of the railway line,
marking an important step in strengthening regional transport
connectivity. The parties also agreed to resume daily passenger
rail service on the Baku-Tbilisi-Baku route starting May 26,
2026.
Azerbaijan and Georgia are also key partners in the field of
transport and logistics. The Baku–Tbilisi–Kars railway line, as
well as the Trans-Caspian International Transport Route (Middle
Corridor), serve to expand freight traffic between Europe and Asia.
Both countries contribute to enhancing the region’s transit
potential as key participants in the East-West transport
corridor.
Following the modernization of the Baku-Tbilisi-Kars (BTQ)
railway line on June 2 of this year, freight transport capacity has
been significantly expanded, and the project has entered a new
phase.
Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC, told
reporters that the Baku-Tbilisi-Kars line has already evolved from
a traditional transportation hub into one of Eurasia’s strategic
logistics arteries.
“Today, the Baku-Tbilisi-Kars railway is not just an alternative
route. It is a vital piece of infrastructure that transforms
Azerbaijan’s geographical location into a real economic and
strategic advantage, serving as a key structural element of the
Middle Corridor,” Rustamov said.
The chairman noted that as a result of the project’s
modernization, the railway’s annual cargo capacity has increased
from 1 million tons to 5 million tons. This enables faster and more
efficient transportation of cargo along the East-West route.
According to Rustamov, the importance of the Baku-Tbilisi-Ceyhan
(BTC) line lies in the fact that it not only expands Azerbaijan’s
transit capabilities but also transforms the country into a
regional logistics hub.
“Thanks to this line, our logistics capabilities are no longer
limited to crossing the Caspian Sea and using Georgian ports. We
have gained direct access to the European rail system via Türkiye.
As a result of the integration of rail and maritime transport,
Azerbaijan has moved beyond the status of a traditional transit
country and has become a regional logistics hub,” he
emphasized.
Azerbaijan is one of Georgia’s main energy partners. Key
elements of cooperation between the two countries include major
international projects such as the Baku–Tbilisi–Ceyhan (BTC) main
export oil pipeline, the South Caucasus Pipeline, and the Southern
Gas Corridor. Azerbaijani gas is supplied to the Turkish and
European markets via Georgia, which enhances Georgia’s importance
as a regional energy hub.
Trade relations are also developing dynamically. In recent
years, trade turnover between the two countries has been growing
steadily, and Georgia has become one of Azerbaijan’s main trading
partners. Azerbaijani companies are among the largest investors in
the Georgian economy. Of particular note is the participation of
the Azerbaijani capital in the energy, banking, telecommunications,
transportation, and service sectors.
One of the new areas of cooperation in recent times is the
“green energy” sector. Azerbaijan and Georgia are working together
on strategic projects to export “green energy” to Europe via the
Black Sea. These initiatives contribute to the development of
renewable energy sources and the strengthening of the region’s
energy security.
In general, Azerbaijani-Georgian economic relations are based on
mutual trust and shared interests. Joint projects in the fields of
energy, transportation, trade, investment, and green energy
contribute to the economic development of both countries and
further strengthen the South Caucasus’s position as an
international transportation and energy hub.
