Azerbaijan-Russia bilateral trade volume contracts 31.4% in H1 2026

Bilateral trade between Azerbaijan and Russia fell to $1.73 billion in the first half of 2026, marking a significant 31.4% year-on-year decline. The underlying drivers for this contraction remain unstated by the State Customs Committee, leaving it unclear whether the drop stems from logistical disruptions, shifts in energy pricing, or geopolitical realignment.