In May this year Azerbaijan imported 3,844 vehicles, which is 9% less than in April (8,339). This is the lowest figure in the last few years from the time of the global economic crisis in 2009.
Analysts attributed the rapid decline in imported vehicles (mainly cars) with application from 1 April this year of the new environmental regulations on emissions of exhaust Euro-4. Supplies of used cars in connection with this requirement significantly decreased.
For five months of this year the country imported 30,576 vehicles, which is 23.1% less than in the comparable period of 2013. The share of passenger cars (27,444) in the structure of imports amounted to 89.7%. Compared with the same period in 2013, the supply of cars decreased at 8,372 units.
Since the beginning of the year there were imported: buses - 151 units (for the same period in 2013, there were 420), trucks – 2,765 (3,035) and special equipment - 216 (440). - 08D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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