Azerbaijan-Georgia Bilateral Trade Rises 6.5% to $77.9M in January 2026

Bilateral trade between Azerbaijan and Georgia rose 6.5% year-on-year to $77.9 million in January 2026, according to data from Azerbaijan's State Customs Committee. The figure, which represents 2.2% of Azerbaijan's total trade turnover for the month, reflects sustained commercial momentum between two countries whose economic relationship has expanded significantly beyond its energy-pipeline origins.

Azerbaijan's exports to Georgia drove the growth, rising 7.3% to $69.3 million and accounting for 3.1% of Azerbaijan's total exports. Georgian exports to Azerbaijan increased more modestly, by 0.6% to $8.6 million. The asymmetry reflects Azerbaijan's dominant position as an energy and goods supplier to its western neighbour, with SOCAR's fuel sales and non-oil industrial goods both contributing to the export growth. Non-oil products have been a particular focus of Azerbaijani economic diversification, and Georgia serves as one of the key test markets for Baku's efforts to expand non-hydrocarbon exports.

The trade data follow a recent round of high-level bilateral diplomacy. Azerbaijan and Georgia held formal political consultations in February 2026, with delegations reviewing cooperation across trade, transit, economy, energy, and transport. Both sides agreed on measures to accelerate document processing and improve customs coordination along the East-West corridor, moves that should translate into measurable reductions in friction costs for traders and logistics firms. According to Report.Az, the January trade figures confirm that the bilateral relationship is on an upward trajectory heading into 2026.

The broader context matters for investors. Romania is now expected to join the Azerbaijan-Georgia-Turkey-Bulgaria green energy alliance, which would extend the corridor of Azerbaijani-influenced energy infrastructure deeper into the European Union. Azerbaijan's investment footprint in Georgia reached $143 million in 2025, making it the fifth-largest foreign investor in the country. SOCAR remains one of Georgia's largest taxpayers. As TRIPP construction approaches and South Caucasus connectivity deepens, the Georgia-Azerbaijan commercial axis is likely to strengthen further. Trend.Az reported that Economy Minister Jabbarov identified Georgia as one of the two top destinations for Azerbaijani foreign investment.

For trade finance professionals and logistics operators, the January figures provide a useful baseline: the corridor is active and growing, and the institutional infrastructure being put in place in 2026 — from customs modernisation to TRIPP construction — should accelerate volumes through the remainder of the year and beyond.

Further Reading

• Azerbaijan Becomes Georgia's Fifth Largest Investor with $143M in 2025
• Pashinyan Hails Georgia's Role as Armenia-Azerbaijan Economic Bridge